316 Charlotte Avenue WBremertonWA98312
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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 316 Charlotte Avenue W, Bremerton, WA, 98312 offers a 7.59% rental yield on a $368,700 purchase with $2,333/mo rent. Total monthly income registers $2,333/mo, and a $1,805/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,395/yr on $122,224 to close, and return on cash invested stands at 21.05% in year one. Equity gained on principal adds $2,379/yr while 5% annual appreciation supports $101,865 over five years. Portfolio math shows five-year ROI at 108.76% and total cumulative return in cash at $132,929. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,333/mo property income against a $1,805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98312, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,495 (100%) |
| Owner Occupied HU | 9,394 (60.6%) |
| Renter Occupied HU | 4,962 (32.0%) |
| Vacant Housing Units | 1,139 ( 7.4%) |
| Median Home Value | $579,025 |
| Average Home Value | $615,766 |
Housing Distribution
Address Breakdown
Residential
14,314
Single Family
12,661
Multi-Family
1,653
Businesses
775
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Listed by: Rick Slate • Sterling Property Group
Mls Name: NWMLS
Mls ID: #2439861