821 15th StreetBremertonWA98337
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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 821 15th Street, Bremerton, WA, 98337 uses $157,446 cash to close to unlock $284/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $2,879/mo, and a $2,325/mo payment keeps the spread at $24/mo. Purchase price stands at $474,950, and rental yield measures 7.27% with $2,879/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $131,220 over five years. Five-year ROI reaches 103.58% and total cumulative return in cash records $163,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,879/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1918
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98337, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 1,297 (34.9%) |
| Renter Occupied HU | 2,039 (54.9%) |
| Vacant Housing Units | 378 (10.2%) |
| Median Home Value | $487,535 |
| Average Home Value | $523,694 |
Housing Distribution
Address Breakdown
Residential
3,191
Single Family
2,649
Multi-Family
542
Businesses
384
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Listed by: Leah Hill • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2431860