2853 Clare AvenueBremertonWA98310
Nearby investment properties with comparable rents
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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 2853 Clare Avenue, Bremerton, WA, 98310 earns $381/mo cash flow from $2,966/mo rent with a $2,105/mo payment. Total monthly income totals $2,966/mo, and annual cash flow totals $4,570/yr on $142,545 capital. ROI tracks 23.11% on current figures, and rental yield reads 8.28% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 119.8% and total cumulative return in cash sums $170,763. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,966/mo property income instead of your personal income.
Multi Family
Built in 1942
0.35 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: Stephanie Korst • Redfin
Mls Name: NWMLS
Mls ID: #2441705