4433 Cashmere Drive NE, Lacey, WA, 98516 | 6.06% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4433 Cashmere Drive NE, Lacey, WA, 98516 | 6.06% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2741 sft

17615 Irwin Street SW, Rochester, WA, 98579

4 Bed
3 Bath
2780 sft

2706 Walnut Loop NW, Olympia, WA, 98502

3 Bed
3 Bath
1840 sft

2018 Maple Valley Road SW, Olympia, WA, 98512

4 Bed
3 Bath
2608 sft

3807 Darian Street SE, Olympia, WA, 98501

Nearby investment properties with comparable prices

4 Bed
3 Bath
3203 sft

3831 19th Avenue NE, Olympia, WA, 98506

3 Bed
2 Bath
2172 sft

8505 Summerwood Drive SE, Lacey, WA, 98513

6 Bed
3 Bath
3408 sft

2418 Hyde Ct NE, Olympia, WA, 98506

6 Bed
3 Bath
3408 sft

2326 Hyde Court NE UNIT 005, Olympia, WA, 98506

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lacey at 4433 Cashmere Drive NE, Lacey, WA, 98516 generates $3,736/mo in rent, after a $3,622/mo payment. Total monthly income is $3,736/mo. Return on cash invested sits at 16.55% in year one, and rental yield is 6.06% on a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation builds toward $204,448 over five years. Five-year ROI reaches 84.56% and total cumulative return in cash sums $205,858. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,736/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

5,061 sqft lot

$N/A/sqft

No HOA

More details about the property

**Buyers Delight!**This Northwest Contemporary 4BR/2.5BA home with solar panels for lights only is freshly painted, clean, and move-in ready. The main-floor primary suite offers comfort and convenience, while earthy hardwood floors and soaring 20+ ft ceilings in the formal dining room add warmth and style. The kitchen features tile countertops, a spacious island, and a bright nook, opening to the living room with a cozy fireplace ready for your TV setup. Upstairs getaway with five versatile bedrooms, theres room for everyoneguests, office, or hobbies. Near JBLM with easy access to schools, shopping, dining, and outdoor adventures, this home combines space, function, and Northwest flair for relaxed and inspired living every day.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98516, Olympia, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,914 (100%)
Owner Occupied HU	8,504 (65.9%)
Renter Occupied HU	3,718 (28.8%)
Vacant Housing Units	692 ( 5.4%)
Median Home Value	$607,295
Average Home Value	$636,201