20 Far Summit PlaceBellinghamWA98229
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play20 Far Summit Place, Bellingham, WA, 98229 in Bellingham is priced for appreciation, not yield. Rental yield 3.33%. At $1,500,000 with a 3.33% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $414,422 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.62) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $245,037.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 5.1% |
| Monthly Cash Flow | $(5,023) | $1,850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,160 |
| Total Monthly Debt Service | $8,587 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
6,534 sqft lot
$N/A/sqft
$167 monthly HOA
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
Single Family
Built in 2007
6,534 sqft lot
$N/A/sqft
$167 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carmen Andrew • RE/MAX Whatcom County, Inc.
Mls Name: NWMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2472926
Disclaimer: Based on information submitted to the MLS GRID as of 2026-04-01 08:24:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)