4868 Lighthouse DriveBlaineWA98230
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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
Rental property for sale in Blaine at 4868 Lighthouse Drive, Blaine, WA, 98230 generates $3,078/mo in rent and, after a $2,447/mo payment, leaves $73/mo in cash flow. Total monthly income is $3,078/mo, and annual cash flow is $873/yr on $165,717 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 7.39% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 105.43% and total cumulative return in cash sums $174,720. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,078/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98230, Blaine, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,151 (100%) |
| Owner Occupied HU | 6,339 (62.4%) |
| Renter Occupied HU | 1,872 (18.4%) |
| Vacant Housing Units | 1,940 (19.1%) |
| Median Home Value | $658,379 |
| Average Home Value | $704,756 |
Housing Distribution
Address Breakdown
Residential
9,255
Single Family
8,912
Multi-Family
343
Businesses
469
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Nearby investment properties with comparable prices
Listed by: Wynden Holman • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2437497