525 Lebo Boulevard #G3BremertonWA98310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 525 Lebo Boulevard #G3, Bremerton, WA, 98310 in Bremerton earns a 8.3% gross yield at $275,000. Rent of $1,902/mo nets $249/mo after the $1,237/mo mortgage. The 1.54 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $75,977 and $2,533/yr in equity accumulation project a total cumulative return of $120,063.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.2% |
| Monthly Cash Flow | $249 | $450 |
City averages based on Bremerton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,902 |
| Total Monthly Debt Service | $1,544 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98310, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,210 (100%) |
| Owner Occupied HU | 5,019 (49.2%) |
| Renter Occupied HU | 4,417 (43.3%) |
| Vacant Housing Units | 774 ( 7.6%) |
| Median Home Value | $495,092 |
| Average Home Value | $556,002 |
Housing Distribution
Address Breakdown
Residential
9,503
Single Family
8,241
Multi-Family
1,262
Businesses
529
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
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98310, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,210 (100%) |
| Owner Occupied HU | 5,019 (49.2%) |
| Renter Occupied HU | 4,417 (43.3%) |
| Vacant Housing Units | 774 ( 7.6%) |
| Median Home Value | $495,092 |
| Average Home Value | $556,002 |
Housing Distribution
Address Breakdown
Residential
9,503
Single Family
8,241
Multi-Family
1,262
Businesses
529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Keough • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2390674