3422 Bittern LanePort OrchardWA98367
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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 Port Orchard at 3422 Bittern Lane, Port Orchard, WA, 98367 listed at $609,950 pairs $2,541/mo rent with a $2,985/mo payment. Total monthly income runs $2,541/mo. Return on cash invested measures 13.33% in year one, and rental yield registers 5% at a $609,950 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,518 by year five. Five-year ROI tracks 67.3% and total cumulative return in cash totals $135,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,541/mo property income relative to a $2,985/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,048 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98367, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,200 (100%) |
| Owner Occupied HU | 10,803 (81.8%) |
| Renter Occupied HU | 1,807 (13.7%) |
| Vacant Housing Units | 590 ( 4.5%) |
| Median Home Value | $611,255 |
| Average Home Value | $654,285 |
Housing Distribution
Address Breakdown
Residential
12,273
Single Family
12,273
Multi-Family
0
Businesses
152
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Listed by: Sarah Carr • Lennar Sales Corp.
Mls Name: NWMLS
Mls ID: #2454922