71 Carson Avenue SEPt OrchardWA98366
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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 71 Carson Avenue SE, Pt Orchard, WA, 98366 uses $184,240 cash to close to unlock $11,708/yr annual cash flow and $976/mo monthly cash flow. Total monthly income runs $4,342/mo, and a $2,741/mo payment keeps the spread at $976/mo. Purchase price stands at $560,000, and rental yield measures 9.3% with $4,342/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 137.46% and total cumulative return in cash records $253,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,342/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98366, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,414 (100%) |
| Owner Occupied HU | 9,785 (63.5%) |
| Renter Occupied HU | 4,678 (30.3%) |
| Vacant Housing Units | 951 ( 6.2%) |
| Median Home Value | $520,774 |
| Average Home Value | $602,064 |
Housing Distribution
Address Breakdown
Residential
14,498
Single Family
12,972
Multi-Family
1,526
Businesses
1,048
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Listed by: Terri Hagen • Keller Williams West Sound
Mls Name: NWMLS
Mls ID: #2418352