8216 Chehalis RoadBlaineWA98230
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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 Blaine at 8216 Chehalis Road, Blaine, WA, 98230 uses $162,435 cash to close to unlock $1,246/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $3,049/mo, and a $2,398/mo payment keeps the spread at $104/mo. Purchase price stands at $490,000, and rental yield measures 7.47% with $3,049/mo rent. Return on cash invested shows 20.68% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 106.71% and total cumulative return in cash records $173,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,049/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1981
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98230, Blaine, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,151 (100%) |
| Owner Occupied HU | 6,339 (62.4%) |
| Renter Occupied HU | 1,872 (18.4%) |
| Vacant Housing Units | 1,940 (19.1%) |
| Median Home Value | $658,379 |
| Average Home Value | $704,756 |
Housing Distribution
Address Breakdown
Residential
9,255
Single Family
8,912
Multi-Family
343
Businesses
469
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Listed by: Lawrence Wallace • Coldwell Banker 360 Team
Mls Name: NWMLS
Mls ID: #2472393