3380 NE 3rd Street N #29BremertonWA98311
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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 3380 NE 3rd Street N #29, Bremerton, WA, 98311 offers a 9.27% rental yield on a $165,000 purchase with $1,275/mo rent. Total monthly income registers $1,275/mo, and a $808/mo payment leaves $283/mo available for distribution. Annual cash flow reaches $3,393/yr on $54,698 to close, and return on cash invested stands at 26.11% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 135.91% and total cumulative return in cash at $74,339. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,275/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98311, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,959 (71.5%) |
| Renter Occupied HU | 2,689 (24.2%) |
| Vacant Housing Units | 480 ( 4.3%) |
| Median Home Value | $514,299 |
| Average Home Value | $594,728 |
Housing Distribution
Address Breakdown
Residential
10,849
Single Family
9,737
Multi-Family
1,112
Businesses
212
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Listed by: Romelle Gosselin • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2449538