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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bellingham at 919 921 923 24th Street, Bellingham, WA, 98225 offers a 4.99% rental yield on a $1,830,000 purchase with $7,614/mo rent. 52% in year one. Equity gained on principal adds $11,809/yr while 5% annual appreciation supports $505,595 over five years. Portfolio math shows five-year ROI at 68.22% and total cumulative return in cash at $404,494. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,614/mo property income against a $8,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1968
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98225, Bellingham, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,865 (100%) |
| Owner Occupied HU | 9,090 (38.1%) |
| Renter Occupied HU | 13,336 (55.9%) |
| Vacant Housing Units | 1,439 ( 6.0%) |
| Median Home Value | $726,050 |
| Average Home Value | $791,333 |
Residential
21,880
Single Family
15,965
Multi-Family
5,915
Businesses
2,556
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jon Rockwood • eXp Realty
Mls Name: NWMLS
Mls ID: #2436569
