3333 Hollywood AvenueBellinghamWA98225
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
Total monthly income runs $2,062/mo, and a $8,810/mo payment. Purchase price stands at $1,800,000, and rental yield measures 1.37% with $2,062/mo rent. Return on cash invested shows 2.35% in year one, and 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 8.34% and total cumulative return in cash records $48,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,062/mo property income covering a $8,810/mo payment rather than investor’s personal income.
Multi Family
Built in 1973
1.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amia Froese • Saratoga Commercial R.E.
Mls Name: NWMLS
Mls ID: #2422759