223 Nugget RoadGold BarWA98251
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
Rental property for sale in Gold Bar at 223 Nugget Road, Gold Bar, WA, 98251 priced at $415,997 converts $3,116/mo rent into $615/mo cash flow after a $2,036/mo obligation. Total monthly income equals $3,116/mo, and annual cash flow totals $7,386/yr on $137,903 invested. Return on cash invested prints 25.26% in year one, and rental yield reads 8.99% against a $415,997 entry. Equity gained on principal adds $2,684/yr, while 5% annual appreciation compiles into $114,932 by year five. Five-year ROI reaches 131.34% and total cumulative return in cash sums $181,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,116/mo property income covering a $2,036/mo payment, not borrower’s personal income.
Single Family
Built in 1997
8,276 sqft 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: Lorna Murray • RE/MAX Equity Group
Mls Name: NWMLS
Mls ID: #2405789