61 NE Wanda CourtBelfairWA98528
Nearby investment properties with comparable rents
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 61 NE Wanda Court, Belfair, WA, 98528 priced at $389,000 converts $2,822/mo rent into $484/mo cash flow after a $1,904/mo obligation. Total monthly income equals $2,822/mo, and annual cash flow totals $5,803/yr on $128,954 invested. Return on cash invested prints 24.41% in year one, and rental yield reads 8.71% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 126.75% and total cumulative return in cash sums $163,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,822/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1991
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie Davis • Professional Realty Svcs Belv
Mls Name: NWMLS
Mls ID: #2425010