704 NE Libra LaneBremertonWA98311
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 Bremerton at 704 NE Libra Lane, Bremerton, WA, 98311 priced at $194,500 converts $1,522/mo rent into $353/mo cash flow after a $952/mo obligation. Total monthly income equals $1,522/mo, and annual cash flow totals $4,234/yr on $64,477 invested. Return on cash invested prints 26.48% in year one, and rental yield reads 9.39% against a $194,500 entry. Equity gained on principal adds $1,255/yr, while 5% annual appreciation compiles into $53,737 by year five. Five-year ROI reaches 137.81% and total cumulative return in cash sums $88,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,522/mo property income covering a $952/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98311, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,959 (71.5%) |
| Renter Occupied HU | 2,689 (24.2%) |
| Vacant Housing Units | 480 ( 4.3%) |
| Median Home Value | $514,299 |
| Average Home Value | $594,728 |
Housing Distribution
Address Breakdown
Residential
10,849
Single Family
9,737
Multi-Family
1,112
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Voelz • Keller Williams Greater 360
Mls Name: NWMLS
Mls Provider:
Mls ID: #2354745
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, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 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. [Click here for more information](/mls-disclaimers/#39)