








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 8203 18th Lane SE #46, Lacey, WA, 98503 listed at $280,000 pairs $2,400/mo rent with a $1,370/mo payment to leave $717/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $8,608/yr on $92,820 cash to close. Return on cash invested measures 29.18% in year one, and rental yield registers 10.29% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 152.37% and total cumulative return in cash totals $141,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
113.26 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 |
|---|---|---|
| 2025-06-03 | Listed for sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Matthew J Williamson • Redfin
Mls Name: NWMLS
Mls Provider:
Mls ID: #2386470
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)