16300 State Hwy 305 NE #60PoulsboWA98370
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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 Poulsbo at 16300 State Hwy 305 NE #60, Poulsbo, WA, 98370 offers a 9.16% rental yield on a $189,000 purchase with $1,443/mo rent. Total monthly income registers $1,443/mo, and a $925/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,683/yr on $62,654 to close, and return on cash invested stands at 25.79% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 134.14% and total cumulative return in cash at $84,046. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,443/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98370, Poulsbo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,032 (100%) |
| Owner Occupied HU | 10,290 (73.3%) |
| Renter Occupied HU | 2,940 (21.0%) |
| Vacant Housing Units | 802 ( 5.7%) |
| Median Home Value | $673,548 |
| Average Home Value | $750,933 |
Housing Distribution
Address Breakdown
Residential
13,413
Single Family
12,734
Multi-Family
679
Businesses
1,194
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Listed by: Lani Bartlett • Professional Rlty Srvcs Sequim
Mls Name: NWMLS
Mls ID: #2432071