2949 Mile Hill Drive SE #C7Pt OrchardWA98366
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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 Pt Orchard at 2949 Mile Hill Drive SE #C7, Pt Orchard, WA, 98366 earns $565/mo cash flow from $2,188/mo rent with a $1,322/mo payment. Total monthly income totals $2,188/mo, and annual cash flow totals $6,774/yr on $89,505 capital. ROI tracks 27.48% on current figures, and rental yield reads 9.72% at a $269,999 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 143.23% and total cumulative return in cash sums $128,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,188/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98366, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,498
Single Family
12,972
Multi-Family
1,526
Businesses
1,048
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Listed by: Kimberly Kady • Keller Williams Realty
Mls Name: NWMLS
Mls ID: #2429467