13435 323rd Drive SESultanWA98294
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 13435 323rd Drive SE, Sultan, WA, 98294 in Sultan is narrow, $51/mo net on $3,834/mo rent after the $2,779/mo debt service, but the property operates at break-even-plus, not a loss. At $617,990 with a 7.44% yield, the long-run equity case via 5% appreciation ($170,739 over five years) and $5,692/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.38 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $237,432.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $51 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,834 |
| Total Monthly Debt Service | $3,537 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
5,309 sqft lot
$N/A/sqft
$820 annually 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
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
Single Family
Built in 2026
5,309 sqft lot
$N/A/sqft
$820 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jee Eun Burgos • BMC Realty Advisors Inc
Mls Name: NWMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2494847
Disclaimer: Based on information submitted to the MLS GRID as of 2026-03-24 08:34:25 PDT. 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)