1351 Nolta Loop NEBainbridge IslandWA98110
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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
Rental property for sale in Bainbridge Island at 1351 Nolta Loop NE, Bainbridge Island, WA, 98110 generates $2,277/mo in rent, after a $2,393/mo payment. Total monthly income is $2,277/mo. Return on cash invested sits at 15.01% in year one, and rental yield is 5.59% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 76.32% and total cumulative return in cash sums $123,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,277/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98110, Bainbridge Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 8,203 (72.2%) |
| Renter Occupied HU | 2,069 (18.2%) |
| Vacant Housing Units | 1,093 ( 9.6%) |
| Median Home Value | $1,125,533 |
| Average Home Value | $1,245,027 |
Housing Distribution
Address Breakdown
Residential
10,826
Single Family
9,449
Multi-Family
1,377
Businesses
1,128
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Listed by: Thomas A Moore • Windermere RE Bainbridge
Mls Name: NWMLS
Mls ID: #2459170