21 Longshore LaneBellinghamWA98229
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
Investment Highlights
Rental property for sale in Bellingham at 21 Longshore Lane, Bellingham, WA, 98229 offers $3,412/mo rent that, after a $3,181/mo payment. Total monthly income is $3,412/mo. Return on cash invested measures 16.24% in year one, and rental yield stands at 6.3% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 83.29% and total cumulative return in cash reaches $178,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,412/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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)