5138 Balustrade Boulevard SELaceyWA98513
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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
Rental property for sale in Lacey at 5138 Balustrade Boulevard SE, Lacey, WA, 98513 priced at $499,000 pairs $2,726/mo rent with after a $2,442/mo payment. Total monthly income equals $2,726/mo. Return on cash invested is 17.93% in year one, and rental yield stands at 6.56% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 91.97% and total cumulative return in cash reaches $152,130. For financing, Ziffy Mortgage’s DSCR program evaluates $2,726/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
3,532 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
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Listed by: Jaryd Ruffner • eXp Realty
Mls Name: NWMLS
Mls ID: #2410117