555 Morton StreetSumasWA98295
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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 Sumas at 555 Morton Street, Sumas, WA, 98295 generates $2,880/mo in rent and, after a $1,884/mo payment, leaves $566/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $6,793/yr on $127,628 invested. Return on cash invested sits at 25.23% in year one, and rental yield is 8.98% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 131.18% and total cumulative return in cash sums $167,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98295, Sumas, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,233 (100%) |
| Owner Occupied HU | 836 (67.8%) |
| Renter Occupied HU | 335 (27.2%) |
| Vacant Housing Units | 62 ( 5.0%) |
| Median Home Value | $606,996 |
| Average Home Value | $635,778 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
194
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Listed by: Tarnjot Brar • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2423054