4949 Samish Way #6BellinghamWA98229
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4949 Samish Way #6, Bellingham, WA, 98229 in Bellingham is a solid income-producing rental, 9.07% gross yield, $3,554/mo rent, $619/mo net cash flow on a $470,100 buy. DSCR 1.68 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $129,880 and $4,330/yr in principal reduction project a total cumulative return of $224,773.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.1% |
| Monthly Cash Flow | $619 | $1,850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,554 |
| Total Monthly Debt Service | $2,639 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2000
0.33 Acres lot
$N/A/sqft
No HOA
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
Condo
Built in 2000
0.33 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS
Mls ID: #2485191