21 E Dream Lane, Belfair, WA, 98528 | $118/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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21 E Dream Lane, Belfair, WA, 98528 | $118/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Belfair at 21 E Dream Lane, Belfair, WA, 98528 priced at $515,000 converts $3,214/mo rent into $118/mo cash flow after a $2,521/mo obligation. Total monthly income equals $3,214/mo, and annual cash flow totals $1,415/yr on $169,435 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 7.49% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 107.85% and total cumulative return in cash sums $182,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,214/mo property income covering a $2,521/mo payment, not borrower’s personal income.

Single Family

Built in 2002

1.61 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 2-story home set on 1.61 acres, offering the perfect balance of privacy and convenience. Featuring 3-bedrooms on the upper level along with full guest bath & primary 3/4 bathroom, two of the rooms have walk-in closets. The main level has the family room with gas fireplace, formal dining room/den/office (with wood floors), kitchen, rec room/dining nook and 1/2 bathroom. This spacious residence is open & bright and is full of country charm with a partial wrap around covered porch, ideal for relaxing or entertaining. Brand new back deck and partially fenced back yard along with a storage shed. This home is ready for gatherings, gardening or play. Located minutes from lakes, parks, hiking, boating & the Hood Canal.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98528, Belfair, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,756 (100%)
Owner Occupied HU	3,649 (63.4%)
Renter Occupied HU	889 (15.4%)
Vacant Housing Units	1,218 (21.2%)
Median Home Value	$506,882
Average Home Value	$546,835