535 NE Saturn LaneBremertonWA98311
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 535 NE Saturn Lane, Bremerton, WA, 98311 priced at $220,000 converts $3,419/mo rent into $2,096/mo cash flow after a $1,077/mo obligation. Total monthly income equals $3,419/mo, and annual cash flow totals $25,156/yr on $72,930 invested. Return on cash invested prints 54.4% in year one, and rental yield reads 18.65% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 287.63% and total cumulative return in cash sums $209,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,419/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Manufactured
Built in 1992
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Romelle Gosselin • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2418820