








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Pt Orchard at 2948 SE Alson Court, Pt Orchard, WA, 98366 with 5% annual appreciation on a $330,000 basis while $3,233/mo rent supports operations. Total monthly income totals $3,233/mo and a $1,615/mo payment preserves $1,244/mo for cash returns. Annual cash flow comes to $14,925/yr on $109,395 deployed, and return on cash invested reaches 33.55% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 11.76%. Five-year ROI measures 175.78% and total cumulative return in cash totals $192,299.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,233/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98366, Port Orchard, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,414 (100%) |
| Owner Occupied HU | 9,785 (63.5%) |
| Renter Occupied HU | 4,678 (30.3%) |
| Vacant Housing Units | 951 ( 6.2%) |
| Median Home Value | $520,774 |
| Average Home Value | $602,064 |
Residential
14,498
Single Family
12,972
Multi-Family
1,526
Businesses
1,048
Date | Event | Price |
|---|---|---|
| 2025-09-20 | Listed for sale | $330,000 |
| 2020-02-07 | Listing removed | $260,000 |
| 2020-02-04 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-24 | $2840.18 | 3.15% | $334,660 | N/A |
| 2023-09-24 | $2753.44 | 0.61% | $334,660 | N/A |
| 2022-09-24 | $2736.74 | 1.27% | $334,660 | 20.94% |



Listed by: Sandi Johnson • Priority One Realty Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2434972
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)