4015 Eliza Avenue UNIT 38BellinghamWA98226
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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 4015 Eliza Avenue UNIT 38, Bellingham, WA, 98226 earns $2,000/mo cash flow from $2,656/mo rent with a $534/mo payment. Total monthly income totals $2,656/mo, and annual cash flow totals $24,003/yr on $36,134 capital. ROI tracks 86.34% on current figures, and rental yield reads 29.24% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 458.96% and total cumulative return in cash sums $165,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,656/mo property income instead of your personal income.
Manufactured
Built in 1977
701.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98226, Bellingham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,356 (100%) |
| Owner Occupied HU | 12,377 (58.0%) |
| Renter Occupied HU | 8,073 (37.8%) |
| Vacant Housing Units | 906 ( 4.2%) |
| Median Home Value | $663,456 |
| Average Home Value | $724,372 |
Housing Distribution
Address Breakdown
Residential
20,752
Single Family
17,827
Multi-Family
2,925
Businesses
1,416
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Listed by: Veronica Rincon • ONE Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2301753
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.