380 E Pole Road #6LyndenWA98264
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 380 E Pole Road #6, Lynden, WA, 98264 in Lynden. At $229,000 it earns $1,582/mo in rent and distributes $205/mo to the owner after the $1,030/mo payment, a consistent 8.29% yield. DSCR 1.54 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,268 in value; $2,109/yr in principal paydown compounds ownership stake. Total projected return: $99,894.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $205 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,582 |
| Total Monthly Debt Service | $1,285 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98264, Lynden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,203 (100%) |
| Owner Occupied HU | 6,123 (66.5%) |
| Renter Occupied HU | 2,702 (29.4%) |
| Vacant Housing Units | 378 ( 4.1%) |
| Median Home Value | $695,202 |
| Average Home Value | $735,853 |
Housing Distribution
Address Breakdown
Residential
9,014
Single Family
8,560
Multi-Family
454
Businesses
816
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
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98264, Lynden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,203 (100%) |
| Owner Occupied HU | 6,123 (66.5%) |
| Renter Occupied HU | 2,702 (29.4%) |
| Vacant Housing Units | 378 ( 4.1%) |
| Median Home Value | $695,202 |
| Average Home Value | $735,853 |
Housing Distribution
Address Breakdown
Residential
9,014
Single Family
8,560
Multi-Family
454
Businesses
816
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2527918