11031 NE North Shore RoadBelfairWA98528
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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 Belfair at 11031 NE North Shore Road, Belfair, WA, 98528 offers a 3.4% rental yield on a $929,900 purchase with $2,635/mo rent. 47% in year one. Equity gained on principal adds $6,001/yr while 5% annual appreciation supports $256,914 over five years. Portfolio math shows five-year ROI at 41.24% and total cumulative return in cash at $126,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,635/mo property income against a $4,551/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98528, Belfair, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,756 (100%) |
| Owner Occupied HU | 3,649 (63.4%) |
| Renter Occupied HU | 889 (15.4%) |
| Vacant Housing Units | 1,218 (21.2%) |
| Median Home Value | $506,882 |
| Average Home Value | $546,835 |
Housing Distribution
Address Breakdown
Residential
4,036
Single Family
4,035
Multi-Family
1
Businesses
421
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Listed by: Quynh T. Ton • AVN Realty
Mls Name: NWMLS
Mls ID: #2413066