1209 Pacific AvenueBremertonWA98337
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1209 Pacific Avenue, Bremerton, WA, 98337 in Bremerton hard to pass up. The 10.43% gross yield on a $242,500 purchase results in $2,304/mo in rent and $673/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.11). Annual cash flow of $8,079, five-year appreciation of $66,998, and $2,233/yr in equity build-up combine for a projected total cumulative return of $143,051.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.2% |
| Monthly Cash Flow | $673 | $450 |
City averages based on Bremerton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,304 |
| Total Monthly Debt Service | $1,415 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1905
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1905
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Marie Bosh • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2404249
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)