3705 Westminster Drive SEPt OrchardWA98366
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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
Rental property for sale in Pt Orchard at 3705 Westminster Drive SE, Pt Orchard, WA, 98366 priced at $434,900 converts $2,794/mo rent into $179/mo cash flow after a $2,129/mo obligation. Total monthly income equals $2,794/mo, and annual cash flow totals $2,152/yr on $144,169 invested. Return on cash invested prints 21.4% in year one, and rental yield reads 7.71% against a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation compiles into $120,155 by year five. Five-year ROI reaches 110.63% and total cumulative return in cash sums $159,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,794/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 1984
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98366, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,414 (100%) |
| Owner Occupied HU | 9,785 (63.5%) |
| Renter Occupied HU | 4,678 (30.3%) |
| Vacant Housing Units | 951 ( 6.2%) |
| Median Home Value | $520,774 |
| Average Home Value | $602,064 |
Housing Distribution
Address Breakdown
Residential
14,498
Single Family
12,972
Multi-Family
1,526
Businesses
1,048
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Listed by: Nathan Bishop • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2297691
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.