21 Longshore LaneBellinghamWA98229
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 21 Longshore Lane, Bellingham, WA, 98229 in Bellingham at $650,000. Rental yield 6.07%. The 6.07% yield and 1.17 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $179,583 by year five, and $5,987/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $202,955.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 5.1% |
| Monthly Cash Flow | $(802) | $1,850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,412 |
| Total Monthly Debt Service | $3,834 |
| DSCR Ratio | 0.89x |
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 1991
5,353 sqft lot
$N/A/sqft
$156 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 1991
5,353 sqft lot
$N/A/sqft
$156 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Glyzinski • Keller Williams Western Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2391863
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 21:39:14 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)