9723 Phillips Road SEPt OrchardWA98367
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 9723 Phillips Road SE, Pt Orchard, WA, 98367 in Pt Orchard is a conservative rental investment at $650,000. Rental yield 6.56%. A 1.22 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $179,583; $5,987/yr in principal paydown supplements. Total projected return: $223,391.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.2% |
| Monthly Cash Flow | $(391) | $285 |
City averages based on Pt Orchard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,556 |
| Total Monthly Debt Service | $3,649 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
0.35 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
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
Single Family
Built in 2006
0.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexis N Newton • eXp Realty
Mls Name: NWMLS
Mls ID: #2468336