1112 N Cascade CourtLyndenWA98264
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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 Lynden at 1112 N Cascade Court, Lynden, WA, 98264 offers a 7.4% rental yield on a $584,150 purchase with $3,601/mo rent. Total monthly income registers $3,601/mo, and a $2,859/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,076/yr on $192,185 to close, and return on cash invested stands at 20.62% in year one. Equity gained on principal adds $3,769/yr while 5% annual appreciation supports $161,390 over five years. Portfolio math shows five-year ROI at 106.38% and total cumulative return in cash at $204,447. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,601/mo property income against a $2,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98264, Lynden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,203 (100%) |
| Owner Occupied HU | 6,123 (66.5%) |
| Renter Occupied HU | 2,702 (29.4%) |
| Vacant Housing Units | 378 ( 4.1%) |
| Median Home Value | $695,202 |
| Average Home Value | $735,853 |
Housing Distribution
Address Breakdown
Residential
9,014
Single Family
8,560
Multi-Family
454
Businesses
816
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Listed by: Julie G Osborn • RE/MAX Whatcom County, Inc.
Mls Name: NWMLS
Mls ID: #2460171