1191 Garfield AvenueBlaineWA98230
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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 Blaine at 1191 Garfield Avenue, Blaine, WA, 98230 earns $633/mo cash flow from $1,805/mo rent with a $954/mo payment. Total monthly income totals $1,805/mo, and annual cash flow totals $7,599/yr on $64,643 capital. ROI tracks 31.66% on current figures, and rental yield reads 11.11% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 165.7% and total cumulative return in cash sums $107,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,805/mo property income instead of your personal income.
Single Family
Built in 1946
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98230, Blaine, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,151 (100%) |
| Owner Occupied HU | 6,339 (62.4%) |
| Renter Occupied HU | 1,872 (18.4%) |
| Vacant Housing Units | 1,940 (19.1%) |
| Median Home Value | $658,379 |
| Average Home Value | $704,756 |
Housing Distribution
Address Breakdown
Residential
9,255
Single Family
8,912
Multi-Family
343
Businesses
469
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Listed by: Leah M. Crews • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2465306