4774 Driftwood StreetBremertonWA98312
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 4774 Driftwood Street, Bremerton, WA, 98312 generates $3,425/mo in rent and, after a $2,545/mo payment, leaves $299/mo in cash flow. Total monthly income is $3,425/mo, and annual cash flow is $3,592/yr on $171,080 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 7.9% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 114.65% and total cumulative return in cash sums $196,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,425/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98312, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,495 (100%) |
| Owner Occupied HU | 9,394 (60.6%) |
| Renter Occupied HU | 4,962 (32.0%) |
| Vacant Housing Units | 1,139 ( 7.4%) |
| Median Home Value | $579,025 |
| Average Home Value | $615,766 |
Housing Distribution
Address Breakdown
Residential
14,314
Single Family
12,661
Multi-Family
1,653
Businesses
775
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Listed by: Russ Wood • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2466057