Sultan, WA
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Sultan short-term rental market based on reliable data.
Listings
10 / 16
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$41,280
Middle-Earners Revenue
Occupancy
55%
Middle-Earners Occupancy
Home Value
$552,426
Median Home Sale Price
Top Earners
$141,142
Top-Earners Revenue
Sultan
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Sultan.
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Very Investor friendly
Sultan Regulations
Sultan permits short‑term rentals citywide without dedicated local ordinances, so investors only need state registration, tax collection, and basic business licensing—no city permits, fees, or caps. The city’s ADU rules even exempt short‑term rentals from owner‑occupancy requirements, signaling a supportive stance toward STRs and keeping compliance costs minimal.
Local STR Agent
STR specialist · Sultan, WA
About Sultan
Sultan is a city in Snohomish County, Washington, United States. It is located approximately 23 miles (37 km) east of Everett at the confluence of the Skykomish River and the Sultan River, a minor tributary. The city had a population of 4,651 at the 2010 census. The city was founded in 1880 at the site of a Skykomish village and initially settled during a small gold rush. Sultan was platted in 1889, just prior to the arrival of the Great Northern Railway, and was a hub for mining and the lumber industry. It was incorporated on June 28, 1905, with a population of 700. The city was home to a Civilian Conservation Corps camp during the Great Depression and undertook several civic improvements in the post-war years. Sultan has since become a bedroom community for large employment centers in the Puget Sound region. The city has several public parks, a historic museum, and is located near outdoor recreation areas in the Cascade Mountains. It is connected to nearby cities by U.S. Route 2.