921 Pershing Ave #101BremertonWA98312
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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 921 Pershing Ave #101, Bremerton, WA, 98312 uses $82,875 cash to close to unlock $3,586/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,802/mo, and a $1,224/mo payment keeps the spread at $299/mo. Purchase price stands at $250,000, and rental yield measures 8.65% with $1,802/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash records $104,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,802/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98312, Bremerton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,495 (100%) |
| Owner Occupied HU | 9,394 (60.6%) |
| Renter Occupied HU | 4,962 (32.0%) |
| Vacant Housing Units | 1,139 ( 7.4%) |
| Median Home Value | $579,025 |
| Average Home Value | $615,766 |
Housing Distribution
Address Breakdown
Residential
14,314
Single Family
12,661
Multi-Family
1,653
Businesses
775
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Listed by: Scott Sorenson • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2427958