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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% |
Rental property for sale in Lacey at 5002 70th Way SE, Lacey, WA, 98513 generates $2,928/mo in rent, after a $2,447/mo payment. Total monthly income is $2,928/mo. Return on cash invested sits at 19.35% in year one, and rental yield is 7.03% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 99.6% and total cumulative return in cash sums $165,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,928/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3,706 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
| 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 |
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bond Finseth • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2444627
