








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 3319 Aurora Street NE, Lacey, WA, 98516 offers a 6.74% rental yield on a $570,000 purchase with $3,203/mo rent. 8% in year one. Equity gained on principal adds $3,678/yr while 5% annual appreciation supports $157,480 over five years. Portfolio math shows five-year ROI at 91.56% and total cumulative return in cash at $171,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,203/mo property income against a $2,790/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
3,580 sqft lot
$N/A/sqft
$220 quarterly HOA
Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.
| 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 |
Residential
12,784
Single Family
10,957
Multi-Family
1,827
Businesses
682
Date | Event | Price |
|---|---|---|
| 2025-10-06 | Listing removed | $2,900 |
| 2025-09-16 | Price change | $2,900 |
| 2025-09-15 | Listed for rent | $2,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $5467.56 | 10.15% | $526,300 | 1.37% |
| 2023-10-24 | $4963.53 | -2.28% | $519,200 | -2.74% |
| 2022-10-24 | $5079.49 | -2.12% | $533,800 | 19.63% |



Listed by: Becky Barrick • COMPASS
Mls Name: NWMLS
Mls Provider:
Mls ID: #2411563
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 03:24:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)