107 N Street NEAuburnWA98002
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
Rental property for sale in Auburn at 107 N Street NE, Auburn, WA, 98002 priced at $499,950 pairs $2,099/mo rent with after a $2,447/mo payment. Total monthly income equals $2,099/mo. Return on cash invested is 13.35% in year one, and rental yield stands at 5.04% on a $499,950 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,127 by year five. Five-year ROI measures 67.42% and total cumulative return in cash reaches $111,736. For financing, Ziffy Mortgage’s DSCR program evaluates $2,099/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
5,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98002, Auburn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,616 (100%) |
| Owner Occupied HU | 6,970 (44.6%) |
| Renter Occupied HU | 8,016 (51.3%) |
| Vacant Housing Units | 630 ( 4.0%) |
| Median Home Value | $454,760 |
| Average Home Value | $471,764 |
Housing Distribution
Address Breakdown
Residential
14,721
Single Family
12,515
Multi-Family
2,206
Businesses
1,205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Samsell • Excel Real Estate Experts
Mls Name: NWMLS
Mls ID: #2458685