36010 State Route 2 #2SultanWA98294
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
Investment Highlights
Investment property for sale in Sultan at 36010 State Route 2 #2, Sultan, WA, 98294 uses $85,859 cash to close to unlock $2,529/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $1,268/mo payment keeps the spread at $211/mo. Purchase price stands at $259,000, and rental yield measures 8.19% with $1,768/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 118.41% and total cumulative return in cash records $101,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawna D. Finley • Snohomes Realty Inc
Mls Name: NWMLS
Mls ID: #2435340