Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lacey at 647 Malibu Drive SE, Lacey, WA, 98503 listed at $415,000 pairs $2,806/mo rent with a $2,031/mo payment to leave $312/mo cash flow. Total monthly income runs $2,806/mo, and annual cash flow reaches $3,739/yr on $137,573 cash to close. Return on cash invested measures 22.63% in year one, and rental yield registers 8.11% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 117.19% and total cumulative return in cash totals $161,217. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,806/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
6,233 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98503, Lacey, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,864 (100%) |
| Owner Occupied HU | 9,569 (53.6%) |
| Renter Occupied HU | 7,421 (41.5%) |
| Vacant Housing Units | 874 ( 4.9%) |
| Median Home Value | $489,421 |
| Average Home Value | $552,195 |
Residential
17,227
Single Family
14,773
Multi-Family
2,454
Businesses
707
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: Rachel E. Jones • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2462758
