6 Lake Louise Drive, Bellingham, WA, 98229 | $1,004/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bellingham at 6 Lake Louise Drive, Bellingham, WA, 98229 generates $4,400/mo in rent and, after a $2,765/mo payment, leaves $1,004/mo in cash flow. Total monthly income is $4,400/mo, and annual cash flow is $12,049/yr on $185,885 invested. Return on cash invested sits at 26.54% in year one, and rental yield is 9.35% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 138.16% and total cumulative return in cash sums $256,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,400/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

6,751 sqft lot

$N/A/sqft

No HOA