506 Forest Circle #3DLyndenWA98264
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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 Lynden at 506 Forest Circle #3D, Lynden, WA, 98264 listed at $360,000 pairs $2,046/mo rent with a $1,762/mo payment. Total monthly income runs $2,046/mo. Return on cash invested measures 18.72% in year one, and rental yield registers 6.82% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 96.24% and total cumulative return in cash totals $114,849. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,046/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A 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: Joan Vander Giessen • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2446161