What is the rental yield in Sheridan, Bremerton, Washington?

The gross yield in Sheridan, Bremerton, Washington is 4.5. Pricing is about 7% above Bremerton and 15% below Washington, and values have been flat over the past year. The Red Flag score is 62, walkability is 78, and education is in the 30th percentile.

How has home value changed in Sheridan over the past year?

Home values in Sheridan have been flat over the past year. The neighborhood is priced about 7% above Bremerton and 15% below Washington, with a gross yield of 4.5. The Red Flag score is 62, and walkability is 78, which frames the stable price trend in a moderate-risk setting.

How does Sheridan compare with Bremerton and Washington?

Sheridan is about 7% above Bremerton and 15% below Washington on price. It has a gross yield of 4.5, walkability of 78, and education in the 30th percentile. The Red Flag score is 62, so the comparison shows a location that is relatively above the city but below the state on price.

Neighborhood

Sheridan

Bremerton, Washington US

Sheridan in Bremerton, Washington is a mid-yield neighborhood with a gross yield of 4.5 and a Red Flag score of 62. Pricing sits about 7% above Bremerton and 15% below Washington, while values have been flat over the past year. Walkability is 78, and education is in the 30th percentile, giving Sheridan a relatively accessible location profile with moderate risk and stable pricing momentum.

AI Summary•Updated May 2026

Area

3.28 mi²

ZIP Code

98310

County

Kitsap County

State

Washington

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesEPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$474,859

YoY-0.0%

Gross Rental Yield

4.5%

Listed rent · ZORI annualized

Red Flag Index

High

62 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

30 / 100

Limited · better than 30% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Sheridan Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Sheridan, Bremerton.

Unlock the Sheridan 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$474,859	-0.0%
Price / Sq Ft (Verified)	$299/sqft	+3.2%
Asking Rent (Median)	$1,786/mo	+0.2%
Gross Rental Yield	4.5%	—
Liquidity Score	29 / 100	Low
Homes Sold (Period)	79	+19.7%

Is Sheridan Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Washington crime context.

Red Flag Breakdown

62 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Earthquake100Very High

Heat80Very High

Wildfire40Moderate

Tornado20Low

Strong Wind20Low

Hail20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Washington averaged 27.9 crimes and 3.3 violent per 1,000 residents (-13.0% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Highly walkable neighborhood — score 78/100

Active transaction volume — 79 homes sold last period

Dense amenities — 44 dining & 18 grocery options nearby

Flood risk is Very High (100/100)

Earthquake risk is Very High (100/100)

Insights are generated from Sheridan's live DistrictScore metrics.

Sheridan Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Washington-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Washington Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	27.9	3.3	-13.0%
2023	32.5	3.6	-12.5%
2022	37.5	3.8	+11.9%
2021	33.7	3.4	+12.1%
2020	30.3	2.9	+0.9%
2019	30.3	3.0	—

Reported at the state level — the finest official US crime aggregation; Sheridan inherits the Washington figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Sheridan

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)0.0 kmVery High

Industrial odor2 nearbyHigh

Point-source screening near Sheridan: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Sheridan

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

78

Very Walkable

Walkability Score

18

Grocery

44

Dining

5

Schools

4

Universities

9

Hospitals

1

Pharmacies

18

Parks

1

Rail Transit

0

Coworking

POI counts are amenities within Sheridan's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Sheridan vs Bremerton vs Washington

How Sheridan benchmarks against its city and state medians.

Benchmark vs City & State

Across Sheridan, the median sale price sits about 7% above the median for Bremerton neighborhoods and about 15% below the statewide median. Gross rental yield is 4.5%, against 4.8% for Bremerton neighborhoods and 4.0% statewide. Over the past 12 months, prices were broadly flat. Transaction liquidity sits in line with the median for Bremerton neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Sheridan	$299/sqft	4.5%	29
Bremerton	$278/sqft	4.8%	29
Washington	$352/sqft	4.0%	32

Unlock the Sheridan benchmark

Compare Sheridan against Bremerton and Washington medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Washington tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.74% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No general income tax; the 7% capital gains tax exempts real estate.

Transfer Tax

Real estate transfer tax: REET graduated 1.1-3% (mansion-style).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

Statewide rent control caps rent increases (HB 1217; 9.683% max for 2026); transfer tax is mansion-style.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Washington property-tax guidance for foreign buyers

Latest Bremerton Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Sheridan Real Estate FAQ

Sheridan in Bremerton, Washington has a gross yield of 4.5 and a Red Flag score of 62. Pricing is about 7% above Bremerton and 15% below Washington, while values have been flat over the past year. Walkability is 78 and education is in the 30th percentile, so the data show stability with moderate risk.

Neighborhoods near Sheridan

Compare Sheridan with nearby neighborhoods in Bremerton.

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