808 E 31st StreetBremertonWA98310
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
Investment property for sale in Bremerton at 808 E 31st Street, Bremerton, WA, 98310 uses $144,700 cash to close to unlock $1,555/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,753/mo, and a $2,136/mo payment keeps the spread at $130/mo. Purchase price stands at $436,500, and rental yield measures 7.57% with $2,753/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $120,597 over five years. Five-year ROI reaches 108.37% and total cumulative return in cash records $156,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,753/mo property income covering a $2,136/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98310, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,210 (100%) |
| Owner Occupied HU | 5,019 (49.2%) |
| Renter Occupied HU | 4,417 (43.3%) |
| Vacant Housing Units | 774 ( 7.6%) |
| Median Home Value | $495,092 |
| Average Home Value | $556,002 |
Housing Distribution
Address Breakdown
Residential
9,503
Single Family
8,241
Multi-Family
1,262
Businesses
529
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Listed by: Kell Killian • Charter Real Estate
Mls Name: NWMLS
Mls ID: #2460357