4305 Sumac LaneBellinghamWA98226
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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 4305 Sumac Lane, Bellingham, WA, 98226 listed at $564,900 pairs $3,145/mo rent with a $2,765/mo payment. Total monthly income runs $3,145/mo. Return on cash invested measures 18.44% in year one, and rental yield registers 6.68% at a $564,900 basis. Equity gained on principal adds $3,645/yr, and annual property appreciation at 5% supports $156,071 by year five. Five-year ROI tracks 94.72% and total cumulative return in cash totals $176,036. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,145/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2018
3,049 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: Jason Custis • MJB Real Estate Group
Mls Name: NWMLS
Mls ID: #2453923