5600 Ocean View Boulevard NEBremertonWA98311
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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
Total monthly income runs $2,677/mo, and a $2,251/mo payment. Purchase price stands at $460,000, and rental yield measures 6.98% with $2,677/mo rent. Return on cash invested shows 19.22% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 98.93% and total cumulative return in cash records $150,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,677/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1915
3,920 sqft 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: Stephen Sherman • HomeSmart Real Estate Assoc
Mls Name: NWMLS
Mls ID: #2419311