306 Date AvenueSultanWA98294
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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
Rental property for sale in Sultan at 306 Date Avenue, Sultan, WA, 98294 generates $2,695/mo in rent, after a $2,447/mo payment. Total monthly income is $2,695/mo. Return on cash invested sits at 17.66% in year one, and rental yield is 6.47% on a $499,950 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,127 over five years. Five-year ROI reaches 90.56% and total cumulative return in cash sums $150,088. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,695/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
9,169 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: Kathleen T. Morrisson • KandR Home Realty, LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2396685
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)