2507 Erlands Point Road NWBremertonWA98312
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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 Bremerton at 2507 Erlands Point Road NW, Bremerton, WA, 98312 uses $139,893 cash to close to unlock $5,565/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $2,065/mo payment keeps the spread at $464/mo. Purchase price stands at $422,000, and rental yield measures 8.53% with $3,000/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $116,591 over five years. Five-year ROI reaches 123.94% and total cumulative return in cash records $173,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $2,065/mo payment rather than investor’s personal income.
Multi Family
Built in 1944
3,920 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
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Listed by: Shane Ison • Ison Realty
Mls Name: NWMLS
Mls ID: #2456810