4049 Reef Road SWPort 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
Rental property for sale in Port Orchard at 4049 Reef Road SW, Port Orchard, WA, 98367 priced at $673,929 converts $3,780/mo rent into after a $3,299/mo obligation. Total monthly income equals $3,780/mo. Return on cash invested prints 18.22% in year one, and rental yield reads 6.73% against a $673,929 entry. Equity gained on principal adds $4,349/yr, while 5% annual appreciation compiles into $186,194 by year five. Five-year ROI reaches 93.64% and total cumulative return in cash sums $207,626. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,780/mo property income covering a $3,299/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,229 sqft lot
$N/A/sqft
$69 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Sold | $673,929 |
| 2025-06-16 | Pending sale | $673,929 |
| 2025-05-22 | Price change | $673,929 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $868.32 | 527.58% | $99,560 | 505.71% |
| 2023-10-10 | $138.36 | N/A | $16,437 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2025
- Architectural Style: See Remarks
- Building Area: 3,134
- Living Area: 3,134 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric
- Cooling: 90%+ High Efficiency, Central Air, Forced Air, Heat Pump
- Flooring: Laminate, Carpet
- Interior Features: High Tech Cabling
- Exterior Features: N/A
- Parking Features: Attached Garage
Location
- City: Port Orchard
- State: WA
- Subdivision: McCormick
- Lot Size: 6,229 sqft
- Lot Features: Curbs, Paved, Sidewalk, Athletic Court, Electric Car Charging, Fenced-Fully, Patio
- View: N/A
HOA & Fees
- HOA Fee: $69 monthly
- Association Fee: $69 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Kpud
- Sewer: Sewer Connected, Company: City of Port Orchard
- Water Source: Public, Company: City of Port Orchard
- Road Surface Type: N/A
School Information
- Elementary School: Sunnyslope Elem
- Middle School: Cedar Heights Jh
- High School: So. Kitsap High
Listed by: Jaclyn Daum • Lennar Sales Corp.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2369507
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, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 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. [Click here for more information](/mls-disclaimers/#39)