6041 Brian CtFerndaleWA98248
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
Rental property for sale in Ferndale at 6041 Brian Ct, Ferndale, WA, 98248 priced at $760,000 pairs $3,953/mo rent with after a $3,720/mo payment. Total monthly income equals $3,953/mo. Return on cash invested is 17.11% in year one, and rental yield stands at 6.24% on a $760,000 basis. Equity gained on principal adds $4,904/yr, and 5% annual appreciation accumulates to $209,974 by year five. Five-year ROI measures 87.55% and total cumulative return in cash reaches $218,905. For financing, Ziffy Mortgage’s DSCR program evaluates $3,953/mo property income against a $3,720/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
6,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98248, Ferndale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,736 (100%) |
| Owner Occupied HU | 7,678 (71.5%) |
| Renter Occupied HU | 2,550 (23.8%) |
| Vacant Housing Units | 508 ( 4.7%) |
| Median Home Value | $661,579 |
| Average Home Value | $699,299 |
Housing Distribution
Address Breakdown
Residential
10,006
Single Family
9,821
Multi-Family
185
Businesses
903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sukhvir Khaira • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2437732