3410 NW Morgan LaneBremertonWA98312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Bremerton at 3410 NW Morgan Lane, Bremerton, WA, 98312 generates $2,125/mo in rent, after a $1,800/mo payment. Total monthly income is $2,125/mo. Return on cash invested sits at 19.07% in year one, and rental yield is 6.93% on a $367,777 entry. Equity gained on principal adds $2,373/yr, while 5% annual appreciation builds toward $101,610 over five years. Five-year ROI reaches 98.09% and total cumulative return in cash sums $119,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,125/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Martin • Keller Williams Greater 360
Mls Name: NWMLS
Mls ID: #2457255