1948 Cranberry Lane SE #75, Lacey, WA, 98503 | $860/mo Cash Flow

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1948 Cranberry Lane SE #75, Lacey, WA, 98503 | $860/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lacey at 1948 Cranberry Lane SE #75, Lacey, WA, 98503 uses $87,831 cash to close to unlock $10,322/yr annual cash flow and $860/mo monthly cash flow. Total monthly income runs $2,453/mo, and a $1,297/mo payment keeps the spread at $860/mo. Purchase price stands at $264,950, and rental yield measures 11.11% with $2,453/mo rent. Return on cash invested shows 31.66% in year one, and 5% annual appreciation builds toward $73,201 over five years. Five-year ROI reaches 165.69% and total cumulative return in cash records $145,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,453/mo property income covering a $1,297/mo payment rather than investor’s personal income.

Manufactured

Built in 1996

N/A lot

$N/A/sqft

No HOA

More details about the property

Nestled in the peaceful back corner of 55+ Laurel Oaks, this light-filled luxury triple-wide enjoys one of the best lot positions in the neighborhood, offering both privacy and connection. Step inside to soaring ceilings, skylights, and warm wood tones that make every day feel bright and welcoming. This home is incredibly well maintainedenjoy central A/C for year-round comfort. Your mornings begin with coffee on the East-facing patio, afternoons can be spent in the community park by the fountain just steps away, and evenings are for relaxing on the private covered deck. With friendly neighbors who take pride in their homes and low-maintenance living that frees up your time, this is more than a houseits a place where you can truly thrive.

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