1346 OrleansBellinghamWA98229
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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
Investment Highlights
Rental property for sale in Bellingham at 1346 Orleans, Bellingham, WA, 98229 priced at $215,000 converts $2,074/mo rent into $490/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,074/mo, and annual cash flow totals $5,879/yr on $71,273 invested. Return on cash invested prints 28.16% in year one, and rental yield reads 11.58% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 148.62% and total cumulative return in cash sums $105,925. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,074/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$292 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Chris Schwitter • Muljat Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2367856
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)