6317 Barstow Lane SE #8LaceyWA98513
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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 6317 Barstow Lane SE #8, Lacey, WA, 98513 earns $393/mo cash flow from $2,196/mo rent with a $1,468/mo payment. Total monthly income totals $2,196/mo, and annual cash flow totals $4,717/yr on $99,417 capital. ROI tracks 24.65% on current figures, and rental yield reads 8.79% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash sums $127,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,196/mo property income instead of your personal income.
Condo
Built in 1995
2,056 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: Yijun Liu • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2458154