3701 Ridgemont Way, Bellingham, WA, 98229 | 5.59% Rental Yield

For Sale

Listed for sale 2 days ago

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

Investment property for sale in Bellingham at 3701 Ridgemont Way, Bellingham, WA, 98229 earns from $3,535/mo rent with a $3,715/mo payment. Total monthly income totals $3,535/mo. ROI tracks 15.12% on current figures, and rental yield reads 5.59% at a $759,000 purchase. Equity gained on principal adds $4,898/yr, and 5% annual appreciation supports $209,698 over five years. Five-year ROI reaches 76.91% and total cumulative return in cash sums $192,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,535/mo property income instead of your personal income.

Single Family

Built in 1974

8,712 sqft lot

$N/A/sqft

No HOA