290 NE Torval Canyon RoadPoulsboWA98370
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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 Poulsbo at 290 NE Torval Canyon Road, Poulsbo, WA, 98370 offers $2,806/mo rent that, after a $2,055/mo payment, leaves $282/mo cash flow. Total monthly income is $2,806/mo, and annual cash flow is $3,385/yr on $139,197 cash. Return on cash invested measures 22.34% in year one, and rental yield stands at 8.02% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 115.67% and total cumulative return in cash reaches $161,016. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,806/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.38 Acres 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: Linda Hilton • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2468764