2926 Balsamroot Drive SELaceyWA98513
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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 2926 Balsamroot Drive SE, Lacey, WA, 98513 listed at $867,999 pairs $3,234/mo rent with a $4,248/mo payment. Total monthly income runs $3,234/mo. Return on cash invested measures 11.73% in year one, and rental yield registers 4.47% at a $867,999 basis. Equity gained on principal adds $5,601/yr, and annual property appreciation at 5% supports $239,812 by year five. Five-year ROI tracks 58.69% and total cumulative return in cash totals $167,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,234/mo property income relative to a $4,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,819 (100%) |
| Owner Occupied HU | 11,004 (69.6%) |
| Renter Occupied HU | 4,082 (25.8%) |
| Vacant Housing Units | 733 ( 4.6%) |
| Median Home Value | $550,463 |
| Average Home Value | $601,450 |
Housing Distribution
Address Breakdown
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
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Listed by: Clarissa N. Kraves • Cascadian King Company, L.L.C.
Mls Name: NWMLS
Mls ID: #2448761