307 8th Street #7SultanWA98294
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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 307 8th Street #7, Sultan, WA, 98294 listed at $285,000 pairs $2,381/mo rent with a $1,395/mo payment to leave $668/mo cash flow. Total monthly income runs $2,381/mo, and annual cash flow reaches $8,013/yr on $94,478 cash to close. Return on cash invested measures 28.39% in year one, and rental yield registers 10.03% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 148.09% and total cumulative return in cash totals $139,914. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,381/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
4,779 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: Ashley Fox • Windermere RE North, Inc.
Mls Name: NWMLS
Mls ID: #2405358