309 Bayside RoadBellinghamWA98225
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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 Bellingham at 309 Bayside Road, Bellingham, WA, 98225 at $1,575,000 posts ROI 6.01% with from $3,360/mo rent. Total monthly income equals $3,360/mo. Return on cash invested measures 6.01% and rental yield reads 2.56% at the current $1,575,000. Equity gained on principal adds $10,163/yr, and 5% annual appreciation supports $435,143 by year five. Five-year ROI prints 27.96% and total cumulative return in cash totals $142,682. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98225, Bellingham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,865 (100%) |
| Owner Occupied HU | 9,090 (38.1%) |
| Renter Occupied HU | 13,336 (55.9%) |
| Vacant Housing Units | 1,439 ( 6.0%) |
| Median Home Value | $726,050 |
| Average Home Value | $791,333 |
Housing Distribution
Address Breakdown
Residential
21,880
Single Family
15,965
Multi-Family
5,915
Businesses
2,556
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Listed by: Michelle R Harrington • COMPASS
Mls Name: NWMLS
Mls ID: #2470425