609 Shore DriveBremertonWA98310
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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 Bremerton at 609 Shore Drive, Bremerton, WA, 98310 generates $2,618/mo in rent, after a $6,113/mo payment. Total monthly income is $2,618/mo. Return on cash invested sits at 5.87% in year one, and rental yield is 2.52% on a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation builds toward $345,076 over five years. Five-year ROI reaches 27.23% and total cumulative return in cash sums $110,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,618/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98310, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,210 (100%) |
| Owner Occupied HU | 5,019 (49.2%) |
| Renter Occupied HU | 4,417 (43.3%) |
| Vacant Housing Units | 774 ( 7.6%) |
| Median Home Value | $495,092 |
| Average Home Value | $556,002 |
Housing Distribution
Address Breakdown
Residential
9,503
Single Family
8,241
Multi-Family
1,262
Businesses
529
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Listed by: Dale A. Walters • Dale Walters Real Estate
Mls Name: NWMLS
Mls ID: #2417199