910 Gladstone Street #205,Bellingham,WA,98229

Investment Highlights

Investment property for sale in Bellingham at 910 Gladstone Street #205, Bellingham, WA, 98229 offers a 9.71% rental yield on a $240,000 purchase with $1,943/mo rent. Total monthly income registers $1,943/mo, and a $1,175/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $6,000/yr on $79,560 to close, and return on cash invested stands at 27.45% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 143.03% and total cumulative return in cash at $113,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,943/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.