1124 Alder LaneSumasWA98295
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
Investment Highlights
Investment property for sale in Sumas at 1124 Alder Lane, Sumas, WA, 98295 offers a 9.51% rental yield on a $105,900 purchase with $839/mo rent. Total monthly income registers $839/mo, and a $518/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,433/yr on $35,106 to close, and return on cash invested stands at 26.84% in year one. Equity gained on principal adds $683/yr while 5% annual appreciation supports $29,258 over five years. Portfolio math shows five-year ROI at 139.8% and total cumulative return in cash at $49,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $839/mo property income against a $518/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98295, Sumas, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,233 (100%) |
| Owner Occupied HU | 836 (67.8%) |
| Renter Occupied HU | 335 (27.2%) |
| Vacant Housing Units | 62 ( 5.0%) |
| Median Home Value | $606,996 |
| Average Home Value | $635,778 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kandi Camacho • HomeSmart One Realty
Mls Name: NWMLS
Mls ID: #2427837