59 Lake Louise DriveBellinghamWA98229
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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 Bellingham at 59 Lake Louise Drive, Bellingham, WA, 98229 offers a 8.36% rental yield on a $509,900 purchase with $3,553/mo rent. Total monthly income registers $3,553/mo, and a $2,496/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,979/yr on $167,757 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $3,290/yr while 5% annual appreciation supports $140,876 over five years. Portfolio math shows five-year ROI at 116.51% and total cumulative return in cash at $195,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,553/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
6,481 sqft lot
$N/A/sqft
$156 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Randy Stevenson • John L. Scott Bellingham
Mls Name: NWMLS
Mls Provider:
Mls ID: #2400487
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)