516 Allison WayNooksackWA98276
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
Investment Highlights
Investment property for sale in Nooksack at 516 Allison Way, Nooksack, WA, 98276 at $450,000 posts ROI 27.1% with $895/mo cash flow from $3,600/mo rent. Total monthly income equals $3,600/mo, and annual cash flow records $10,734/yr on $149,175 to close. Return on cash invested measures 27.1% and rental yield reads 9.6% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 141.2% and total cumulative return in cash totals $210,630.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98276, Nooksack, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 426 (81.3%) |
| Renter Occupied HU | 81 (15.5%) |
| Vacant Housing Units | 17 ( 3.2%) |
| Median Home Value | $617,521 |
| Average Home Value | $647,958 |
Housing Distribution
Address Breakdown
Residential
524
Single Family
524
Multi-Family
0
Businesses
36
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Listed by: Emily Wyss • RE/MAX Whatcom County, Inc.
Mls Name: NWMLS
Mls ID: #2428847