8788 Deeridge Place SEPt OrchardWA98367
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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
Rental property for sale in Pt Orchard at 8788 Deeridge Place SE, Pt Orchard, WA, 98367 generates $2,696/mo in rent, after a $2,445/mo payment. Total monthly income is $2,696/mo. Return on cash invested sits at 17.69% in year one, and rental yield is 6.48% on a $499,500 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 90.7% and total cumulative return in cash sums $150,187. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,696/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98367, Port Orchard, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,200 (100%) |
| Owner Occupied HU | 10,803 (81.8%) |
| Renter Occupied HU | 1,807 (13.7%) |
| Vacant Housing Units | 590 ( 4.5%) |
| Median Home Value | $611,255 |
| Average Home Value | $654,285 |
Housing Distribution
Address Breakdown
Residential
12,273
Single Family
12,273
Multi-Family
0
Businesses
152
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Listed by: Julia Runyan • RE/MAX Exclusive
Mls Name: NWMLS
Mls ID: #2456965