591 NE Matthew DriveBelfairWA98528
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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
Rental property for sale in Belfair at 591 NE Matthew Drive, Belfair, WA, 98528 priced at $485,000 converts $3,385/mo rent into $469/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,385/mo, and annual cash flow totals $5,633/yr on $160,778 invested. Return on cash invested prints 23.41% in year one, and rental yield reads 8.38% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 121.4% and total cumulative return in cash sums $195,182. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,385/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.45 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: Curtis Yates • Coldwell Banker Park Shore RE
Mls Name: NWMLS
Mls ID: #2433687