Under $200K Investment Properties for Sale in Bellingham, WA
268- 2 Bed
- 2 Bath
- 1248 sft
456- - Bed
- 1 Bath
- 460 sft
267- 2 Bed
- 2 Bath
- 1152 sft
213- 3 Bed
- 2 Bath
- 900 sft
Why Invest in Bellingham, Washington?
Bellingham, WA offers emerging opportunities for sub-$200k investment properties in a market experiencing moderate cooling and stabilization. The median home price of $632K provides context for below-market acquisitions, while the market's 33-day average sale cycle and 2% below-list-price positioning create negotiation windows. Strong regional migration from Seattle and Portland continues to support long-term appreciation, with experts forecasting moderate but steady price gains through 2026. The shift toward more balanced inventory and improving mortgage rate forecasts (potentially reaching high-5% to low-6% range) enhance buyer purchasing power and rental yield potential.
Frequently Asked Questions
Sub-$200k properties in Bellingham typically generate $300–$500 monthly cash flow after expenses, supported by rental yields of 5–6% and cap rates around 6%. Strong local demand from remote workers and university-adjacent renters helps maintain occupancy rates above 90%.
Find Your Perfect Investment Property in Bellingham, Washington
Explore investment opportunities by strategy, performance, or property type
