2719 Fiddleback St NELaceyWA98516
Nearby investment properties with comparable rents
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 2719 Fiddleback St NE, Lacey, WA, 98516 uses $196,742 cash to close to unlock $576/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $3,725/mo, and a $2,927/mo payment keeps the spread at $48/mo. Purchase price stands at $598,000, and rental yield measures 7.47% with $3,725/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $165,216 over five years. Five-year ROI reaches 105.16% and total cumulative return in cash records $206,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,725/mo property income covering a $2,927/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,914 (100%) |
| Owner Occupied HU | 8,504 (65.9%) |
| Renter Occupied HU | 3,718 (28.8%) |
| Vacant Housing Units | 692 ( 5.4%) |
| Median Home Value | $607,295 |
| Average Home Value | $636,201 |
Housing Distribution
Address Breakdown
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A