1630 & 1632 Colchester Drive EPt OrchardWA98366
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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
Investment property for sale in Pt Orchard at 1630 & 1632 Colchester Drive E, Pt Orchard, WA, 98366 offers a 6.01% rental yield on a $519,950 purchase with $2,604/mo rent. 4% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,653 over five years. Portfolio math shows five-year ROI at 83.77% and total cumulative return in cash at $143,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,604/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1975
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98366, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,414 (100%) |
| Owner Occupied HU | 9,785 (63.5%) |
| Renter Occupied HU | 4,678 (30.3%) |
| Vacant Housing Units | 951 ( 6.2%) |
| Median Home Value | $520,774 |
| Average Home Value | $602,064 |
Housing Distribution
Address Breakdown
Residential
14,498
Single Family
12,972
Multi-Family
1,526
Businesses
1,048
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Listed by: Zach Flowers • Better Properties UP/Fircrest
Mls Name: NWMLS
Mls ID: #2428738