2 Marigold Drive #38BellinghamWA98229
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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 Bellingham at 2 Marigold Drive #38, Bellingham, WA, 98229 with 5% annual appreciation on a $189,000 basis while $1,886/mo rent supports operations. Total monthly income totals $1,886/mo and a $925/mo payment preserves $750/mo for cash returns. Annual cash flow comes to $8,999/yr on $62,654 deployed, and return on cash invested reaches 34.27% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 11.97%. Five-year ROI measures 179.61% and total cumulative return in cash totals $112,534.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,886/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
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Listed by: Azam Nader • Sun-Mark Real Estate Inc.
Mls Name: NWMLS
Mls ID: #2470487