1222 Birch StreetBellinghamWA98229
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1222 Birch Street, Bellingham, WA, 98229 in Bellingham fits: $795,000, 5.81% gross yield, and a projected 5% annual appreciation rate adding $219,644 in value within five years. Rental yield 5.81%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.08) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,322/yr in principal paydown and $219,644 in appreciation project a total return of $240,957.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 5.1% |
| Monthly Cash Flow | $(930) | $1,850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,848 |
| Total Monthly Debt Service | $4,463 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2009
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2009
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adrik Brashear • Muljat Group
Mls Name: NWMLS
Mls ID: #2362672