7681 Picasso Circle NEBremertonWA98311
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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 Bremerton at 7681 Picasso Circle NE, Bremerton, WA, 98311 earns $368/mo cash flow from $3,700/mo rent with a $2,618/mo payment. Total monthly income totals $3,700/mo, and annual cash flow totals $4,412/yr on $175,999 capital. ROI tracks 22.57% on current figures, and rental yield reads 8.3% at a $534,950 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,797 over five years. Five-year ROI reaches 117.12% and total cumulative return in cash sums $206,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,700/mo property income instead of your personal income.
Single Family
Built in 2024
3,720 sqft lot
$N/A/sqft
$117 monthly 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
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Listed by: Kristina Moneypenny • John L. Scott, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2229446
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.