5818 Everson GoshenBellinghamWA98226
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 5818 Everson Goshen, Bellingham, WA, 98226 in Bellingham. At $599,500 it earns $4,068/mo in rent and distributes $464/mo to the owner after the $2,696/mo payment, a consistent 8.14% yield. DSCR 1.51 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $165,631 in value; $5,521/yr in principal paydown compounds ownership stake. Total projected return: $256,728.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.1% |
| Monthly Cash Flow | $464 | $1,850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,068 |
| Total Monthly Debt Service | $3,365 |
| DSCR Ratio | 1.21x |
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.
Manufactured
Built in 1995
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98226, Bellingham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,356 (100%) |
| Owner Occupied HU | 12,377 (58.0%) |
| Renter Occupied HU | 8,073 (37.8%) |
| Vacant Housing Units | 906 ( 4.2%) |
| Median Home Value | $663,456 |
| Average Home Value | $724,372 |
Housing Distribution
Address Breakdown
Residential
20,752
Single Family
17,827
Multi-Family
2,925
Businesses
1,416
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
Manufactured
Built in 1995
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98226, Bellingham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,356 (100%) |
| Owner Occupied HU | 12,377 (58.0%) |
| Renter Occupied HU | 8,073 (37.8%) |
| Vacant Housing Units | 906 ( 4.2%) |
| Median Home Value | $663,456 |
| Average Home Value | $724,372 |
Housing Distribution
Address Breakdown
Residential
20,752
Single Family
17,827
Multi-Family
2,925
Businesses
1,416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kena Greer Brashear • Muljat Group
Mls Name: NWMLS
Mls ID: #2405904