501 NW Vanishing WayBremertonWA98311
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 501 NW Vanishing Way, Bremerton, WA, 98311 offers $3,912/mo rent that, after a $3,426/mo payment. Total monthly income is $3,912/mo. Return on cash invested measures 18.52% in year one, and rental yield stands at 6.71% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 95.13% and total cumulative return in cash reaches $219,056. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,912/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98311, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,959 (71.5%) |
| Renter Occupied HU | 2,689 (24.2%) |
| Vacant Housing Units | 480 ( 4.3%) |
| Median Home Value | $514,299 |
| Average Home Value | $594,728 |
Housing Distribution
Address Breakdown
Residential
10,849
Single Family
9,737
Multi-Family
1,112
Businesses
212
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Listed by: Sheryl Wingate • Redfin
Mls Name: NWMLS
Mls ID: #2418974