606 N State StreetBellinghamWA98225
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
Investment property for sale in Bellingham at 606 N State Street, Bellingham, WA, 98225 at $765,000 posts ROI 14.16% with from $3,430/mo rent. Total monthly income equals $3,430/mo. Return on cash invested measures 14.16% and rental yield reads 5.38% at the current $765,000. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 by year five. Five-year ROI prints 71.84% and total cumulative return in cash totals $180,815. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,430/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98225, Bellingham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,865 (100%) |
| Owner Occupied HU | 9,090 (38.1%) |
| Renter Occupied HU | 13,336 (55.9%) |
| Vacant Housing Units | 1,439 ( 6.0%) |
| Median Home Value | $726,050 |
| Average Home Value | $791,333 |
Housing Distribution
Address Breakdown
Residential
21,880
Single Family
15,965
Multi-Family
5,915
Businesses
2,556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacson Bevens • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls Provider:
Mls ID: #2393877
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-01 21:24:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)