








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 7026 Bailey Street SE, Lacey, WA, 98513 at $515,000 posts ROI 20.95% with $125/mo cash flow from $3,323/mo rent. Total monthly income equals $3,323/mo, and annual cash flow records $1,505/yr on $169,435 to close. Return on cash invested measures 20.95% and rental yield reads 7.74% at the current $515,000. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 108.42% and total cumulative return in cash totals $183,697.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,323/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
4,935 sqft lot
$N/A/sqft
$65 monthly HOA
Neighborhood data shown for ZIP Code: 98513, Olympia, WA area.
| 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 |
Residential
13,648
Single Family
13,264
Multi-Family
384
Businesses
71
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $515,000 |
| 2024-06-04 | Listing removed | N/A |
| 2024-05-20 | Listed for rent | $2,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | N/A | N/A | $522,900 | 4.94% |
| 2023-04-09 | $4764.11 | 2.30% | $498,300 | 1.84% |
| 2022-04-09 | $4656.85 | 5.78% | $489,300 | 29.31% |



Listed by: Janie Weller • Realty One Group Bold
Mls Name: NWMLS
Mls Provider:
Mls ID: #2356757
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)