5662 E State Route 302BelfairWA98528
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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 5662 E State Route 302, Belfair, WA, 98528 offers a 6.08% rental yield on a $850,000 purchase with $4,304/mo rent. 61% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 84.86% and total cumulative return in cash at $237,298. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,304/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1.18 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: Dan Marks • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2387543