1841 NW Russell StreetPoulsboWA98370
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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 1841 NW Russell Street, Poulsbo, WA, 98370 offers a 7.63% rental yield on a $560,000 purchase with $3,563/mo rent. Total monthly income registers $3,563/mo, and a $2,741/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,360/yr on $184,240 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $3,614/yr while 5% annual appreciation supports $154,718 over five years. Portfolio math shows five-year ROI at 110.26% and total cumulative return in cash at $203,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,563/mo property income against a $2,741/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.31 Acres 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: Lauren Campy • Keller Williams Greater 360
Mls Name: NWMLS
Mls ID: #2440734