5307 State Hwy 303 NE #180BremertonWA98311
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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
Investment property for sale in Bremerton at 5307 State Hwy 303 NE #180, Bremerton, WA, 98311 uses $38,123 cash to close to unlock $18,295/yr annual cash flow and $1,525/mo monthly cash flow. Total monthly income runs $2,216/mo, and a $563/mo payment keeps the spread at $1,525/mo. Purchase price stands at $115,000, and rental yield measures 23.12% with $2,216/mo rent. Return on cash invested shows 67.9% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 360.03% and total cumulative return in cash records $137,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,216/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
N/A 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: Romelle Gosselin • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2421194