1012 9th StreetBremertonWA98337
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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 Bremerton at 1012 9th Street, Bremerton, WA, 98337 listed at $255,000 pairs $2,088/mo rent with a $1,248/mo payment to leave $555/mo cash flow. Total monthly income runs $2,088/mo, and annual cash flow reaches $6,663/yr on $84,533 cash to close. Return on cash invested measures 27.79% in year one, and rental yield registers 9.83% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 144.92% and total cumulative return in cash totals $122,504. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,088/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98337, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 1,297 (34.9%) |
| Renter Occupied HU | 2,039 (54.9%) |
| Vacant Housing Units | 378 (10.2%) |
| Median Home Value | $487,535 |
| Average Home Value | $523,694 |
Housing Distribution
Address Breakdown
Residential
3,191
Single Family
2,649
Multi-Family
542
Businesses
384
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Listed by: Nicolas Lind • Commencement Bay Brokers LLC
Mls Name: NWMLS
Mls ID: #2391474