1207 High AvenueBremertonWA98337
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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 1207 High Avenue, Bremerton, WA, 98337 offers a 7.46% rental yield on a $360,000 purchase with $2,238/mo rent. Total monthly income registers $2,238/mo, and a $1,762/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $888/yr on $119,340 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 106.57% and total cumulative return in cash at $127,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,238/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
5,227 sqft 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: Desyree Allen • Keller Williams Realty Bothell
Mls Name: NWMLS
Mls ID: #2338512