203 NE Alnus WayBremertonWA98310
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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
Rental property for sale in Bremerton at 203 NE Alnus Way, Bremerton, WA, 98310 offers $3,299/mo rent that, after a $2,369/mo payment, leaves $390/mo cash flow. Total monthly income is $3,299/mo, and annual cash flow is $4,674/yr on $160,446 cash. Return on cash invested measures 22.82% in year one, and rental yield stands at 8.18% at a $484,000 entry. Equity gained on principal adds $3,123/yr while 5% annual appreciation compounds into $133,720 by year five. Five-year ROI records 118.24% and total cumulative return in cash reaches $189,708. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,299/mo property income versus a $2,369/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98310, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,210 (100%) |
| Owner Occupied HU | 5,019 (49.2%) |
| Renter Occupied HU | 4,417 (43.3%) |
| Vacant Housing Units | 774 ( 7.6%) |
| Median Home Value | $495,092 |
| Average Home Value | $556,002 |
Housing Distribution
Address Breakdown
Residential
9,503
Single Family
8,241
Multi-Family
1,262
Businesses
529
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Listed by: Leah Persinger • Manette Real Estate Co.
Mls Name: NWMLS
Mls ID: #2456703