1515 38th Street, Bellingham, WA, 98229 | 4.03% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bellingham at 1515 38th Street, Bellingham, WA, 98229 earns from $3,833/mo rent with a $5,580/mo payment. Total monthly income totals $3,833/mo. ROI tracks 10.56% on current figures, and rental yield reads 4.03% at a $1,140,000 purchase. Equity gained on principal adds $7,356/yr, and 5% annual appreciation supports $314,961 over five years. Five-year ROI reaches 52.36% and total cumulative return in cash sums $193,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,833/mo property income instead of your personal income.

Single Family

Built in 2012

8,712 sqft lot

$N/A/sqft

No HOA