6218 Marymere Road SW UNIT 210Port 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 Port Orchard at 6218 Marymere Road SW UNIT 210, Port Orchard, WA, 98367 offers a 7.58% rental yield on a $674,990 purchase with $4,262/mo rent. Total monthly income registers $4,262/mo, and a $3,304/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,619/yr on $222,072 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,487 over five years. Portfolio math shows five-year ROI at 107.42% and total cumulative return in cash at $238,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,262/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,000 sqft lot
$N/A/sqft
$208 quarterly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Price change | $674,990 |
| 2024-07-17 | Price change | $699,990 |
| 2024-06-25 | Price change | $724,990 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Northwest Contemporary
- Building Area: 2,920
- Living Area: 2,920 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace(s), Forced Air, Heat Pump
- Cooling: Heat Pump
- Flooring: Engineered Hardwood, Vinyl, Carpet, Wall to Wall Carpet
- Interior Features: Bath Off Primary, Dining Room, Loft, Walk-In Closet(s), Walk-In Pantry
- Exterior Features: N/A
- Parking Features: Attached Garage
Location
- City: Port Orchard
- State: WA
- Subdivision: McCormick
- Lot Size: 5,000 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $208 quarterly
- Association Fee: $208 quarterly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: None
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Sunnyslope Elem
- Middle School: Cedar Heights Jh
- High School: So. Kitsap High
Listed by: Brad Martin • Richmond Realty of Washington
Mls Name: NWMLS
Mls Provider:
Mls ID: #2233862
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.