641 Northview StreetBellinghamWA98226
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 Bellingham at 641 Northview Street, Bellingham, WA, 98226 priced at $519,900 pairs $2,340/mo rent with after a $2,545/mo payment. Total monthly income equals $2,340/mo. Return on cash invested is 14.55% in year one, and rental yield stands at 5.4% on a $519,900 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,639 by year five. Five-year ROI measures 73.84% and total cumulative return in cash reaches $126,304. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
3,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98226, Bellingham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,356 (100%) |
| Owner Occupied HU | 12,377 (58.0%) |
| Renter Occupied HU | 8,073 (37.8%) |
| Vacant Housing Units | 906 ( 4.2%) |
| Median Home Value | $663,456 |
| Average Home Value | $724,372 |
Housing Distribution
Address Breakdown
Residential
20,752
Single Family
17,827
Multi-Family
2,925
Businesses
1,416
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Listed by: Nate Kenoyer • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2421216