212 Old Owen Road #8SultanWA98294
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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 212 Old Owen Road #8, Sultan, WA, 98294 earns $255/mo cash flow from $1,241/mo rent with a $803/mo payment. Total monthly income totals $1,241/mo, and annual cash flow totals $3,058/yr on $54,366 capital. ROI tracks 25.53% on current figures, and rental yield reads 9.08% at a $164,000 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,310 over five years. Five-year ROI reaches 132.76% and total cumulative return in cash sums $72,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,241/mo property income instead of your personal income.
Manufactured
Built in 1989
N/A 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: Christine Elston • Kelly Right RE of Spokane LLC
Mls Name: NWMLS
Mls ID: #2428157