8370 Harborview Road #15BlaineWA98230
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.03% yield at 8370 Harborview Road #15, Blaine, WA, 98230 in Blaine is solid, but the $1,120/mo payment compresses net cash flow to $169/mo at $249,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $68,794 by year five, and $2,293/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.49) without U.S. income documentation. Total projected return: $105,093.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $169 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,666 |
| Total Monthly Debt Service | $1,398 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
9,583 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
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
Single Family
Built in 1969
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Freeman • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2454196