1501 Elizabeth LaneGold BarWA98251
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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
Rental property for sale in Gold Bar at 1501 Elizabeth Lane, Gold Bar, WA, 98251 generates $3,352/mo in rent and, after a $2,393/mo payment, leaves $413/mo in cash flow. Total monthly income is $3,352/mo, and annual cash flow is $4,955/yr on $162,104 invested. Return on cash invested sits at 22.97% in year one, and rental yield is 8.23% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 118.98% and total cumulative return in cash sums $192,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,352/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98251, Gold Bar, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,484 (100%) |
| Owner Occupied HU | 1,703 (68.6%) |
| Renter Occupied HU | 372 (15.0%) |
| Vacant Housing Units | 409 (16.5%) |
| Median Home Value | $567,935 |
| Average Home Value | $564,306 |
Housing Distribution
Address Breakdown
Residential
1,497
Single Family
1,497
Multi-Family
0
Businesses
64
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Listed by: Megan Walla • Windermere Real Estate GH LLC
Mls Name: NWMLS
Mls ID: #2407695