150 NE Smithy Forge LaneBelfairWA98528
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
Rental property for sale in Belfair at 150 NE Smithy Forge Lane, Belfair, WA, 98528 offers $2,512/mo rent that, after a $3,181/mo payment. Total monthly income is $2,512/mo. Return on cash invested measures 12.23% in year one, and rental yield stands at 4.64% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 61.43% and total cumulative return in cash reaches $131,366. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,512/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
15 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carly McGraw • Keller Williams Greater 360
Mls Name: NWMLS
Mls ID: #2403657