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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3435 Long Lake Drive SE, Lacey, WA, 98503 offers a 5.93% rental yield on a $600,000 purchase with $2,963/mo rent. 15% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 82.38% and total cumulative return in cash at $162,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,963/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.32 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-15 | Listed for sale | $600,000 |
| 2022-09-15 | Sold | $516,500 |
| 2022-08-10 | Pending sale | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | N/A | N/A | $505,200 | 2.79% |
| 2023-03-16 | $4786.18 | 1.26% | $491,500 | 0.82% |
| 2022-03-16 | $4726.73 | -2.05% | $487,500 | 19.57% |
Listed by: Desiree Day • Van Dorm Realty, Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2345098
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)
