5509 Topaz Street 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
Investment property for sale in Lacey at 5509 Topaz Street SE, Lacey, WA, 98513 earns $203/mo cash flow from $3,058/mo rent with a $2,325/mo payment. Total monthly income totals $3,058/mo, and annual cash flow totals $2,431/yr on $157,463 capital. ROI tracks 21.45% on current figures, and rental yield reads 7.73% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 110.89% and total cumulative return in cash sums $174,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,058/mo property income instead of your personal income.
Single Family
Built in 1989
6,899 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: Todd Colvin • eXp Realty
Mls Name: NWMLS
Mls ID: #2437777