Cambridge Plan, Morel MeadowsLaceyWA98513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Lacey at Cambridge Plan, Morel Meadows, Lacey, WA, 98513 offers $3,288/mo rent that, after a $3,191/mo payment. Total monthly income is $3,288/mo. Return on cash invested measures 16.53% in year one, and rental yield stands at 6.05% at a $651,995 entry. Equity gained on principal adds $4,207/yr while 5% annual appreciation compounds into $180,134 by year five. Five-year ROI records 84.44% and total cumulative return in cash reaches $181,132. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,288/mo property income versus a $3,191/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A