








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 6486 5th Way SE, Lacey, WA, 98503 earns from $2,126/mo rent with a $1,958/mo payment. Total monthly income totals $2,126/mo. ROI tracks 17.31% on current figures, and rental yield reads 6.38% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 88.69% and total cumulative return in cash sums $117,604. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,126/mo property income instead of your personal income.
Manufactured
Built in 1990
7,518 sqft lot
$N/A/sqft
$100 annually 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 |
|---|---|---|
| 2025-07-10 | Sold | $400,000 |
| 2025-05-29 | Pending sale | $400,000 |
| 2025-05-01 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $1299.69 | -58.13% | $345,800 | 6.63% |
| 2023-10-09 | $3103.88 | 1471.11% | $324,300 | 0.09% |
| 2022-10-09 | $197.56 | -17.76% | $324,000 | 28.67% |



Listed by: DeAnne Crane • Engel & Voelkers Chambers Bay
Mls Name: NWMLS
Mls Provider:
Mls ID: #2365560
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)