3923 Jett Lane 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 3923 Jett Lane NE, Lacey, WA, 98516 earns $318/mo cash flow from $3,232/mo rent with a $2,373/mo payment. Total monthly income totals $3,232/mo, and annual cash flow totals $3,810/yr on $160,744 capital. ROI tracks 22.28% on current figures, and rental yield reads 8% at a $484,900 purchase. Equity gained on principal adds $3,129/yr, and 5% annual appreciation supports $133,969 over five years. Five-year ROI reaches 115.32% and total cumulative return in cash sums $185,371. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,232/mo property income instead of your personal income.
Townhouse
Built in 2016
3,262 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jantzee Ellis • eXp Realty
Mls Name: NWMLS
Mls ID: #2428626