60 NE Lorrain CourtBelfairWA98528
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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
Rental property for sale in Belfair at 60 NE Lorrain Court, Belfair, WA, 98528 priced at $442,450 pairs $3,204/mo rent with $544/mo cash flow after a $2,166/mo payment. Total monthly income equals $3,204/mo, and annual cash flow comes to $6,527/yr on $146,672 invested. Return on cash invested is 24.36% in year one, and rental yield stands at 8.69% on a $442,450 basis. Equity gained on principal adds $2,855/yr, and 5% annual appreciation accumulates to $122,241 by year five. Five-year ROI measures 126.46% and total cumulative return in cash reaches $185,483. For financing, Ziffy Mortgage’s DSCR program evaluates $3,204/mo property income against a $2,166/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
8,276 sqft 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: Corey Clark • eXp Realty
Mls Name: NWMLS
Mls ID: #2418391