802 Spieden PlaceBellinghamWA98229
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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 Bellingham at 802 Spieden Place, Bellingham, WA, 98229 with 5% annual appreciation on a $980,000 basis while $3,838/mo rent supports operations. 42% in year one. Equity gained on principal adds $6,324/yr, and five-year appreciation sums $270,756 alongside rental yield of 4.7%. Five-year ROI measures 62.4% and total cumulative return in cash totals $201,180. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,838/mo property income versus a $4,797/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.25 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Anna Johnson • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls Provider:
Mls ID: #2344387
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)