1826 Marine DriveBremertonWA98312
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1826 Marine Drive, Bremerton, WA, 98312 in Bremerton. Priced at $185,000, it generates $2,260/mo in gross rent and $1,148/mo in net monthly cash flow, a 14.66% yield that comfortably supports the 2.72 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $13,770. Five-year appreciation: $51,112. Equity from principal paydown: $1,704/yr. Total projected cumulative return: $143,897.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 5.2% |
| Monthly Cash Flow | $1,148 | $450 |
City averages based on Bremerton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,260 |
| Total Monthly Debt Service | $1,038 |
| DSCR Ratio | 2.18x |
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 1939
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98312, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,495 (100%) |
| Owner Occupied HU | 9,394 (60.6%) |
| Renter Occupied HU | 4,962 (32.0%) |
| Vacant Housing Units | 1,139 ( 7.4%) |
| Median Home Value | $579,025 |
| Average Home Value | $615,766 |
Housing Distribution
Address Breakdown
Residential
14,314
Single Family
12,661
Multi-Family
1,653
Businesses
775
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 1939
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98312, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,495 (100%) |
| Owner Occupied HU | 9,394 (60.6%) |
| Renter Occupied HU | 4,962 (32.0%) |
| Vacant Housing Units | 1,139 ( 7.4%) |
| Median Home Value | $579,025 |
| Average Home Value | $615,766 |
Housing Distribution
Address Breakdown
Residential
14,314
Single Family
12,661
Multi-Family
1,653
Businesses
775
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices