136 First StreetSumasWA98295
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
Investment Highlights
Rental property for sale in Sumas at 136 First Street, Sumas, WA, 98295 offers $1,666/mo rent that, after a $1,199/mo payment, leaves $193/mo cash flow. Total monthly income is $1,666/mo, and annual cash flow is $2,321/yr on $81,218 cash. Return on cash invested measures 22.77% in year one, and rental yield stands at 8.16% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 117.96% and total cumulative return in cash reaches $95,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,666/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98295, Sumas, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,233 (100%) |
| Owner Occupied HU | 836 (67.8%) |
| Renter Occupied HU | 335 (27.2%) |
| Vacant Housing Units | 62 ( 5.0%) |
| Median Home Value | $606,996 |
| Average Home Value | $635,778 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Oksana V White • John L. Scott Bellingham
Mls Name: NWMLS
Mls ID: #2444193