3334 Cherry Blossom Drive NEOlympiaWA98506
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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
Investment Highlights
Investment property for sale in Olympia at 3334 Cherry Blossom Drive NE, Olympia, WA, 98506 listed at $449,950 pairs $2,643/mo rent with a $2,202/mo payment. Total monthly income runs $2,643/mo. Return on cash invested measures 19.41% in year one, and rental yield registers 7.05% at a $449,950 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,313 by year five. Five-year ROI tracks 99.96% and total cumulative return in cash totals $149,102. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,643/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
7,379 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98506, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,575 (100%) |
| Owner Occupied HU | 5,252 (61.2%) |
| Renter Occupied HU | 3,001 (35.0%) |
| Vacant Housing Units | 322 ( 3.8%) |
| Median Home Value | $598,942 |
| Average Home Value | $672,860 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,356
Multi-Family
1,223
Businesses
519
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Listed by: Thomas A. Arndt • Van Dorm Realty, Inc
Mls Name: NWMLS
Mls ID: #2457372