6150 SW Rhododendron DrivePt OrchardWA98367
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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 Pt Orchard at 6150 SW Rhododendron Drive, Pt Orchard, WA, 98367 offers a 7.65% rental yield on a $515,000 purchase with $3,281/mo rent. Total monthly income registers $3,281/mo, and a $2,521/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,219/yr on $169,435 to close, and return on cash invested stands at 21.37% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 110.41% and total cumulative return in cash at $187,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,281/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98367, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,200 (100%) |
| Owner Occupied HU | 10,803 (81.8%) |
| Renter Occupied HU | 1,807 (13.7%) |
| Vacant Housing Units | 590 ( 4.5%) |
| Median Home Value | $611,255 |
| Average Home Value | $654,285 |
Housing Distribution
Address Breakdown
Residential
12,273
Single Family
12,273
Multi-Family
0
Businesses
152
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Listed by: Tania Lopez • Engel & Voelkers North Tacoma
Mls Name: NWMLS
Mls ID: #2436562