540 NE Blacksmith DriveBelfairWA98528
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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 Belfair at 540 NE Blacksmith Drive, Belfair, WA, 98528 with 5% annual appreciation on a $325,000 basis while $2,136/mo rent supports operations. Total monthly income totals $2,136/mo and a $1,591/mo payment preserves $182/mo for cash returns. Annual cash flow comes to $2,185/yr on $107,738 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 7.89%. Five-year ROI measures 113.52% and total cumulative return in cash totals $122,305.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,136/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98528, Belfair, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,756 (100%) |
| Owner Occupied HU | 3,649 (63.4%) |
| Renter Occupied HU | 889 (15.4%) |
| Vacant Housing Units | 1,218 (21.2%) |
| Median Home Value | $506,882 |
| Average Home Value | $546,835 |
Housing Distribution
Address Breakdown
Residential
4,036
Single Family
4,035
Multi-Family
1
Businesses
421
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Listed by: Kimalynn Wilson • Paramount Real Estate Group
Mls Name: NWMLS
Mls ID: #2431547