512 1st Street SSultanWA98294
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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
Total monthly income runs $2,987/mo, and a $2,496/mo payment. Purchase price stands at $510,000, and rental yield measures 7.03% with $2,987/mo rent. Return on cash invested shows 19.5% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 100.39% and total cumulative return in cash records $168,447. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,987/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 1907
0.31 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
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Listed by: Michael Greenman • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2454742