470 E Rasor RoadBelfairWA98528
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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 Belfair at 470 E Rasor Road, Belfair, WA, 98528 offers $3,545/mo rent that, after a $2,932/mo payment. Total monthly income is $3,545/mo. Return on cash invested measures 19.72% in year one, and rental yield stands at 7.1% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 101.57% and total cumulative return in cash reaches $200,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,545/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98528, Belfair, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,756 (100%) |
| Owner Occupied HU | 3,649 (63.4%) |
| Renter Occupied HU | 889 (15.4%) |
| Vacant Housing Units | 1,218 (21.2%) |
| Median Home Value | $506,882 |
| Average Home Value | $546,835 |
Housing Distribution
Address Breakdown
Residential
4,036
Single Family
4,035
Multi-Family
1
Businesses
421
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Listed by: Mike Mostyn • Windermere PeninsulaProperties
Mls Name: NWMLS
Mls ID: #2401331