41318 May Creek DriveGold 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
Investment property for sale in Gold Bar at 41318 May Creek Drive, Gold Bar, WA, 98251 uses $148,015 cash to close to unlock $5,453/yr annual cash flow and $454/mo monthly cash flow. Total monthly income runs $3,138/mo, and a $2,185/mo payment keeps the spread at $454/mo. Purchase price stands at $446,500, and rental yield measures 8.43% with $3,138/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $123,360 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash records $181,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,138/mo property income covering a $2,185/mo payment rather than investor’s personal income.
Single Family
Built in 2006
7,405 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: Eugene Hoffman • Ballpark Realty
Mls Name: NWMLS
Mls ID: #2464830