414 Cornerstone DriveSumasWA98295
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
Investment property for sale in Sumas at 414 Cornerstone Drive, Sumas, WA, 98295 uses $177,627 cash to close to unlock $505/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $3,288/mo, and a $2,643/mo payment keeps the spread at $42/mo. Purchase price stands at $539,900, and rental yield measures 7.31% with $3,288/mo rent. Return on cash invested shows 20.34% in year one, and 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 104.93% and total cumulative return in cash records $186,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,288/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98295, Sumas, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,233 (100%) |
| Owner Occupied HU | 836 (67.8%) |
| Renter Occupied HU | 335 (27.2%) |
| Vacant Housing Units | 62 ( 5.0%) |
| Median Home Value | $606,996 |
| Average Home Value | $635,778 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ethan Potts • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2422888