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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Belfair at 151 NE Lennies Loop, Belfair, WA, 98528 priced at $429,900 converts $2,711/mo rent into $105/mo cash flow after a $2,104/mo obligation. Total monthly income equals $2,711/mo, and annual cash flow totals $1,263/yr on $142,512 invested. Return on cash invested prints 20.8% in year one, and rental yield reads 7.57% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 107.45% and total cumulative return in cash sums $153,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,711/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.29 Acres lot
$N/A/sqft
$260 annually HOA
Neighborhood data shown for ZIP Code: 98528, Belfair, WA area.
| 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 |
Residential
4,036
Single Family
4,035
Multi-Family
1
Businesses
421
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $429,900 |
| 2022-06-01 | Sold | $380,000 |
| 2020-11-30 | Listing removed | $1,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $2415.27 | 0.97% | $285,915 | 22.06% |
| 2022-04-01 | $2392.07 | 11.63% | $234,250 | 1.62% |
| 2021-04-01 | $2142.95 | 3.84% | $230,505 | 9.76% |
Listed by: Kellen Adcock • HomeSmart Elite Brokers
Mls Name: NWMLS
Mls Provider:
Mls ID: #2348975
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)
