400 Washington Avenue #415BremertonWA98337
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 400 Washington Avenue #415, Bremerton, WA, 98337 generates $2,180/mo in rent and, after a $1,463/mo payment, leaves $383/mo in cash flow. Total monthly income is $2,180/mo, and annual cash flow is $4,597/yr on $99,119 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 8.75% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 127.52% and total cumulative return in cash sums $126,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,180/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98337, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 1,297 (34.9%) |
| Renter Occupied HU | 2,039 (54.9%) |
| Vacant Housing Units | 378 (10.2%) |
| Median Home Value | $487,535 |
| Average Home Value | $523,694 |
Housing Distribution
Address Breakdown
Residential
3,191
Single Family
2,649
Multi-Family
542
Businesses
384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy L. Allen • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2376056