921 Whitewater DriveBellinghamWA98229
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 921 Whitewater Drive, Bellingham, WA, 98229 in Bellingham worth study. Rental yield 5.38%. The 5.38% gross yield is below cash-flow benchmarks at $1,495,000, but 5% annual appreciation, adding $413,041 over five years, frames this as a capital growth position. Rent of $6,708/mo partially offsets the $6,722/mo payment. Ziffy Mortgage finances appreciation-play properties (1.00 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $419,123.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 5.1% |
| Monthly Cash Flow | $(2,280) | $1,850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,708 |
| Total Monthly Debt Service | $8,392 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2020
0.30 Acres lot
$N/A/sqft
Has HOA fee HOA
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 2020
0.30 Acres lot
$N/A/sqft
Has HOA fee HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Buse • COMPASS
Mls Name: NWMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2486842
Disclaimer: Based on information submitted to the MLS GRID as of 2026-03-27 07:59:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)