29722 State HWY 3 NEPoulsboWA98370
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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 Poulsbo at 29722 State HWY 3 NE, Poulsbo, WA, 98370 uses $165,087 cash to close to unlock $2,039/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $3,163/mo, and a $2,437/mo payment keeps the spread at $170/mo. Purchase price stands at $498,000, and rental yield measures 7.62% with $3,163/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $137,588 over five years. Five-year ROI reaches 109.22% and total cumulative return in cash records $180,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,163/mo property income covering a $2,437/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
2.05 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: Sara Hammon • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2389029