1515 Pennsylvania AvenueBremertonWA98337
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1515 Pennsylvania Avenue, Bremerton, WA, 98337 in Bremerton is a solid income-producing rental, 9.24% gross yield, $3,427/mo rent, $752/mo net cash flow on a $445,000 buy. DSCR 1.71 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $122,945 and $4,098/yr in principal reduction project a total cumulative return of $216,842.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $752 | $450 |
City averages based on Bremerton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,427 |
| Total Monthly Debt Service | $2,498 |
| DSCR Ratio | 1.37x |
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 2001
5,662 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 2001
5,662 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: Caron Anderson • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2433691