10 Birdie LaneBellinghamWA98229
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 10 Birdie Lane, Bellingham, WA, 98229 in Bellingham is narrow, $121/mo net on $4,840/mo rent after the $3,530/mo debt service, but the property operates at break-even-plus, not a loss. At $785,000 with a 7.4% yield, the long-run equity case via 5% appreciation ($216,881 over five years) and $7,230/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.37 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $304,862.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.1% |
| Monthly Cash Flow | $121 | $1,850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,840 |
| Total Monthly Debt Service | $4,406 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1982
0.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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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
Single Family
Built in 1982
0.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danny Salinger • Windermere Whidbey Island
Mls Name: NWMLS
Mls ID: #2433940