424 Island Green WayLyndenWA98264
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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
Total monthly income runs $3,817/mo, and a $4,106/mo payment. Purchase price stands at $839,000, and rental yield measures 5.46% with $3,817/mo rent. Return on cash invested shows 14.73% in year one, and 5% annual appreciation builds toward $231,800 over five years. Five-year ROI reaches 74.82% and total cumulative return in cash records $206,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,817/mo property income covering a $4,106/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.32 Acres 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
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Listed by: Jeff Strand • RE/MAX Whatcom County, Inc.
Mls Name: NWMLS
Mls ID: #2445624