1450 SE Spruce RdPt OrchardWA98367
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
Investment Highlights
Investment property for sale in Pt Orchard at 1450 SE Spruce Rd, Pt Orchard, WA, 98367 offers a 6.03% rental yield on a $845,000 purchase with $4,247/mo rent. 47% in year one. Equity gained on principal adds $5,453/yr while 5% annual appreciation supports $233,458 over five years. Portfolio math shows five-year ROI at 84.12% and total cumulative return in cash at $233,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,247/mo property income against a $4,136/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
4.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98367, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,200 (100%) |
| Owner Occupied HU | 10,803 (81.8%) |
| Renter Occupied HU | 1,807 (13.7%) |
| Vacant Housing Units | 590 ( 4.5%) |
| Median Home Value | $611,255 |
| Average Home Value | $654,285 |
Housing Distribution
Address Breakdown
Residential
12,273
Single Family
12,273
Multi-Family
0
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Pease • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2453317