2350 Douglas Rd TRAILER 30BFerndaleWA98248
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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 2350 Douglas Rd TRAILER 30B, Ferndale, WA, 98248 uses $76,212 cash to close to unlock $2,823/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,617/mo, and a $1,125/mo payment keeps the spread at $235/mo. Purchase price stands at $229,900, and rental yield measures 8.44% with $1,617/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 122.53% and total cumulative return in cash records $93,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,617/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
N/A 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: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A