21930 Orca Drive NEPoulsboWA98370
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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 21930 Orca Drive NE, Poulsbo, WA, 98370 uses $135,915 cash to close to unlock $2,222/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $2,650/mo, and a $2,007/mo payment keeps the spread at $185/mo. Purchase price stands at $410,000, and rental yield measures 7.76% with $2,650/mo rent. Return on cash invested shows 21.54% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 111.4% and total cumulative return in cash records $151,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,650/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1989
8,712 sqft 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: Shari Royston • Keller Williams Greater 360
Mls Name: NWMLS
Mls ID: #2464265