3473 Hidden Pond DriveFerndaleWA98248
Nearby investment properties with comparable rents
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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
Rental property for sale in Ferndale at 3473 Hidden Pond Drive, Ferndale, WA, 98248 generates $1,910/mo in rent, after a $3,916/mo payment. Total monthly income is $1,910/mo. Return on cash invested sits at 6.84% in year one, and rental yield is 2.86% on a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 32.5% and total cumulative return in cash sums $85,544. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,910/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
4.77 Acres 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: Gordon Neufeld • Muljat Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2371325
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:14:41 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)