1505 Alder Lane #AGold 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 1505 Alder Lane #A, Gold Bar, WA, 98251 generates $4,800/mo in rent and, after a $2,202/mo payment, leaves $2,079/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $24,942/yr on $149,172 invested. Return on cash invested sits at 36.63% in year one, and rental yield is 12.8% on a $449,990 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,324 over five years. Five-year ROI reaches 192.33% and total cumulative return in cash sums $286,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.44 Acres lot
$N/A/sqft
$17 monthly 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: Ebrima Wadda • Windermere Real Estate/M2, LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2379064
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 03:29:29 PST. 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)