1321 E Smith RoadBellinghamWA98226
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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
Rental property for sale in Bellingham at 1321 E Smith Road, Bellingham, WA, 98226 generates $3,300/mo in rent, after a $4,332/mo payment. Total monthly income is $3,300/mo. Return on cash invested sits at 11.73% in year one, and rental yield is 4.47% on a $885,000 entry. Equity gained on principal adds $5,711/yr, while 5% annual appreciation builds toward $244,509 over five years. Five-year ROI reaches 58.73% and total cumulative return in cash sums $171,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
4.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98226, Bellingham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,356 (100%) |
| Owner Occupied HU | 12,377 (58.0%) |
| Renter Occupied HU | 8,073 (37.8%) |
| Vacant Housing Units | 906 ( 4.2%) |
| Median Home Value | $663,456 |
| Average Home Value | $724,372 |
Housing Distribution
Address Breakdown
Residential
20,752
Single Family
17,827
Multi-Family
2,925
Businesses
1,416
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Listed by: Allison Trimble • Coastal Realty
Mls Name: NWMLS
Mls ID: #2369902