9205 Morning Side Drive NWSilverdaleWA98383
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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 Silverdale at 9205 Morning Side Drive NW, Silverdale, WA, 98383 offers a 6.23% rental yield on a $475,000 purchase with $2,465/mo rent. 93% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 86.66% and total cumulative return in cash at $136,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,465/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98383, Silverdale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,247 (56.0%) |
| Renter Occupied HU | 3,685 (39.3%) |
| Vacant Housing Units | 441 ( 4.7%) |
| Median Home Value | $634,834 |
| Average Home Value | $695,268 |
Housing Distribution
Address Breakdown
Residential
9,062
Single Family
6,182
Multi-Family
2,880
Businesses
1,387
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Listed by: Brittney Bell • Crafted Real Estate
Mls Name: NWMLS
Mls ID: #2408550