1814 Newkirk RoadFerndaleWA98248
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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
Investment property for sale in Ferndale at 1814 Newkirk Road, Ferndale, WA, 98248 with 5% annual appreciation on a $725,000 basis while $4,097/mo rent supports operations. 74% in year one. Equity gained on principal adds $4,678/yr, and five-year appreciation sums $200,304 alongside rental yield of 6.78%. Five-year ROI measures 96.33% and total cumulative return in cash totals $229,769. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,097/mo property income versus a $3,549/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
3.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98248, Ferndale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,736 (100%) |
| Owner Occupied HU | 7,678 (71.5%) |
| Renter Occupied HU | 2,550 (23.8%) |
| Vacant Housing Units | 508 ( 4.7%) |
| Median Home Value | $661,579 |
| Average Home Value | $699,299 |
Housing Distribution
Address Breakdown
Residential
10,006
Single Family
9,821
Multi-Family
185
Businesses
903
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Listed by: Blake Westhoff • Coastal Realty
Mls Name: NWMLS
Mls ID: #2384769