404 11th StreetSultanWA98294
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 404 11th Street, Sultan, WA, 98294 offers a 11.71% rental yield on a $330,000 purchase with $3,221/mo rent. Total monthly income registers $3,221/mo, and a $1,615/mo payment leaves $1,238/mo available for distribution. Annual cash flow reaches $14,850/yr on $109,395 to close, and return on cash invested stands at 33.48% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 175.41% and total cumulative return in cash at $191,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,221/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
1.16 Acres 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: Ara Hakobyan • Ara Realty
Mls Name: NWMLS
Mls ID: #2437368