16 Morning Glory DriveBellinghamWA98229
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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 16 Morning Glory Drive, Bellingham, WA, 98229 offers $3,254/mo rent that, after a $2,349/mo payment, leaves $215/mo cash flow. Total monthly income is $3,254/mo, and annual cash flow is $2,580/yr on $159,120 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 8.13% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 111.71% and total cumulative return in cash reaches $177,761. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,254/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
5,196 sqft lot
$N/A/sqft
$154 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Scott T. Mackenzie • Keller Williams Western Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2431917
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)