1328 College St SELaceyWA98503
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lacey at 1328 College St SE, Lacey, WA, 98503 offers a 9.15% rental yield on a $356,000 purchase with $2,714/mo rent. Total monthly income registers $2,714/mo, and a $1,742/mo payment leaves $574/mo available for distribution. Annual cash flow reaches $6,894/yr on $118,014 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $2,297/yr while 5% annual appreciation supports $98,356 over five years. Portfolio math shows five-year ROI at 133.94% and total cumulative return in cash at $158,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,714/mo property income against a $1,742/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
8,712 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98503, Lacey, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,864 (100%) |
| Owner Occupied HU | 9,569 (53.6%) |
| Renter Occupied HU | 7,421 (41.5%) |
| Vacant Housing Units | 874 ( 4.9%) |
| Median Home Value | $489,421 |
| Average Home Value | $552,195 |
Housing Distribution
Address Breakdown
Residential
17,227
Single Family
14,773
Multi-Family
2,454
Businesses
707
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A