7245 Kickerville RoadFerndaleWA98248
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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
Rental property for sale in Ferndale at 7245 Kickerville Road, Ferndale, WA, 98248 generates $4,544/mo in rent, after a $7,342/mo payment. Total monthly income is $4,544/mo. Return on cash invested sits at 9.33% in year one, and rental yield is 3.64% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 45.75% and total cumulative return in cash sums $222,323. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,544/mo property income rather than buyer’s personal income.
Multi Family
Built in 2010
9.74 Acres 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
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Listed by: Laurie Kelly • eXp Realty
Mls Name: NWMLS
Mls ID: #2433107