1 Lake Louise Drive #23BellinghamWA98229








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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 Bellingham at 1 Lake Louise Drive #23, Bellingham, WA, 98229 earns $329/mo cash flow from $2,672/mo rent with a $1,908/mo payment. Total monthly income totals $2,672/mo, and annual cash flow totals $3,943/yr on $129,252 capital. ROI tracks 22.96% on current figures, and rental yield reads 8.22% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 118.97% and total cumulative return in cash sums $153,769. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,672/mo property income instead of your personal income.
Condo
Built in 1974
8,568 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Andy Webster • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2416450








