








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lacey at 3129 Carpenter Hills Loop SE, Lacey, WA, 98503 earns $260/mo cash flow from $2,920/mo rent with a $2,129/mo payment. Total monthly income totals $2,920/mo, and annual cash flow totals $3,125/yr on $144,203 capital. ROI tracks 22.08% on current figures, and rental yield reads 8.06% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 114.37% and total cumulative return in cash sums $164,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,920/mo property income instead of your personal income.
Single Family
Built in 1987
8,433 sqft lot
$N/A/sqft
$10 monthly HOA
Neighborhood data shown for ZIP Code: 98503, Lacey, WA area.
| 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 |
Residential
17,227
Single Family
14,773
Multi-Family
2,454
Businesses
707
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Sold | $435,000 |
| 2025-09-08 | Pending sale | $469,000 |
| 2025-08-21 | Listed for sale | $469,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $4069.63 | 14.22% | $391,500 | 5.13% |
| 2023-10-21 | $3562.85 | 4.29% | $372,400 | 3.82% |
| 2022-10-21 | $3416.44 | -2.27% | $358,700 | 19.45% |



Listed by: Frazier Robison • eXp Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2423820
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)