3 Marigold Drive #15, Bellingham, WA, 98229 | 5.97% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bellingham at 3 Marigold Drive #15, Bellingham, WA, 98229 priced at $549,900 converts $2,736/mo rent into after a $2,691/mo obligation. Total monthly income equals $2,736/mo. Return on cash invested prints 16.29% in year one, and rental yield reads 5.97% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 83.14% and total cumulative return in cash sums $150,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,736/mo property income covering a $2,691/mo payment, not borrower’s personal income.

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA