Lacey, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Lacey, WA. Based on 10+ datapoints.
Lacey, WA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.5%
Avg Cash on Cash
-15.5%
Median Cashflow
-$1,298/mo
Avg Rent Estimate
$2,628/mo
Avg Price
$495,990
Price Range
$400K – $550K
approximate
Rent to Price
0.53%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Lacey, WA
Lacey, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.5%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Lacey, WA is -$1,298 with average rents of $2,628/month. Properties are priced about $400,000 to $550,000, offering entry points across multiple investment budgets.
7848 Royal Oak Drive SE, Lacey, WA 98503
Price
$476,500
Rent
$2,592
CachFlow
-$1,220
CoC
-14.63
Lacey, WA Rental Market Insights
- Median cashflow is -$1,298/month — careful deal selection is essential here
- 3.5% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Lacey, WA requires selective property picks
- Mid-to-upper tier market with properties priced about $400,000 to $550,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs