6068 Monument DriveFerndaleWA98248
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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
Investment Highlights
Investment property for sale in Ferndale at 6068 Monument Drive, Ferndale, WA, 98248 with 5% annual appreciation on a $645,000 basis while $3,389/mo rent supports operations. 82% in year one. Equity gained on principal adds $4,162/yr, and five-year appreciation sums $178,202 alongside rental yield of 6.31%. Five-year ROI measures 86.17% and total cumulative return in cash totals $182,860. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,389/mo property income versus a $3,157/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
7,061 sqft lot
$N/A/sqft
$85 monthly 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
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Listed by: Sean Ryan • NextHome Northwest Living
Mls Name: NWMLS
Mls Provider:
Mls ID: #2376943
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 04:19:19 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)