2804 Thickett Way, Olney, MD, 20832 | 7.34% Rental Yield

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2804 Thickett Way, Olney, MD, 20832 | 7.34% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Olney at 2804 Thickett Way, Olney, MD, 20832 generates $3,516/mo in rent, after a $2,814/mo payment. Total monthly income is $3,516/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 7.34% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 101.64% and total cumulative return in cash sums $192,275. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,516/mo property income rather than buyer’s personal income.

Townhouse

Built in 1993

1,720 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2804 Thickett Way, a beautifully updated 3-bedroom, 2.5-bath garage townhome in the highly desirable James Creek community of Olney, MD a vibrant neighborhood rich with amenities and just moments from grocery stores, restaurants, coffee shops, and all the local favorites that make Olney so beloved. From the moment you arrive, youll be greeted by freshly landscaped front gardens and a warm sense of home. Step inside to discover gleaming hardwood floors that flow across all three levels, a bright open layout, and sun-filled rooms that blend comfort with sophistication. The chef-inspired kitchen boasts modern cabinetry, granite countertops, stainless steel appliances, and ceramic tile floors, offering both style and function. The formal dining room opens to an inviting living room with doors to a spacious deck the perfect spot for morning coffee, dining al fresco, or hosting summer get-togethers overlooking the fenced backyard. Upstairs, the sun-drenched landing with a skylight and vaulted ceilings sets the tone for the tranquil sleeping quarters. The primary suite features a custom walk-in closet, an additional built-out closet with shelving and window, and a renovated en suite bath with an elegant tiled shower and updated fixtures. Two additional bedrooms and a stylish updated hall bath complete the upper level. The lower level offers a cozy recreation room with a gas fireplace, perfect for movie nights or relaxing evenings by the fire. A door open to the private fenced yard with lush new sod and fresh landscaping, ideal for pets, play, or a peaceful retreat. A laundry area with double storage closets and an attached one-car garage add both convenience and practicality. Set in the heart of James Creek, residents enjoy access to community pools, tennis courts, playgrounds, and walking paths all just minutes from schools, commuter routes, and Olneys bustling town center. If youve been dreaming of a move-in ready home with timeless style, thoughtful updates, and an unbeatable location 2804 Thickett Way is the one youve been waiting for.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20832, Olney, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,896 (100%)
Owner Occupied HU	7,692 (86.5%)
Renter Occupied HU	1,013 (11.4%)
Vacant Housing Units	191 ( 2.1%)
Median Home Value	$676,740
Average Home Value	$740,246