112 Raspberry LaneSultanWA98294
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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 Sultan at 112 Raspberry Lane, Sultan, WA, 98294 uses $161,772 cash to close to unlock $709/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $2,993/mo, and a $2,389/mo payment keeps the spread at $59/mo. Purchase price stands at $488,000, and rental yield measures 7.36% with $2,993/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $134,825 over five years. Five-year ROI reaches 104.98% and total cumulative return in cash records $169,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,993/mo property income covering a $2,389/mo payment rather than investor’s personal income.
Single Family
Built in 1973
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98294, Sultan, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,815 (100%) |
| Owner Occupied HU | 2,883 (75.6%) |
| Renter Occupied HU | 555 (14.5%) |
| Vacant Housing Units | 377 ( 9.9%) |
| Median Home Value | $609,141 |
| Average Home Value | $652,046 |
Housing Distribution
Address Breakdown
Residential
2,988
Single Family
2,963
Multi-Family
25
Businesses
209
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Listed by: Brian Richmon • COMPASS
Mls Name: NWMLS
Mls ID: #2470094