260 11th StreetBlaineWA98230
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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 Blaine at 260 11th Street, Blaine, WA, 98230 uses $171,738 cash to close to unlock $1,633/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $3,274/mo, and a $2,555/mo payment keeps the spread at $136/mo. Purchase price stands at $522,000, and rental yield measures 7.53% with $3,274/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $144,219 over five years. Five-year ROI reaches 108.51% and total cumulative return in cash records $186,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,274/mo property income covering a $2,555/mo payment rather than investor’s personal income.
Single Family
Built in 1947
7,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98230, Blaine, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,151 (100%) |
| Owner Occupied HU | 6,339 (62.4%) |
| Renter Occupied HU | 1,872 (18.4%) |
| Vacant Housing Units | 1,940 (19.1%) |
| Median Home Value | $658,379 |
| Average Home Value | $704,756 |
Housing Distribution
Address Breakdown
Residential
9,255
Single Family
8,912
Multi-Family
343
Businesses
469
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Listed by: Julian Solovyov • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2429168