12018 SE 312th Pl #3BAuburnWA98092
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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
Investment property for sale in Auburn at 12018 SE 312th Pl #3B, Auburn, WA, 98092 offers a 9.23% rental yield on a $427,400 purchase with $3,289/mo rent. Total monthly income registers $3,289/mo, and a $2,092/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,970/yr on $141,683 to close, and return on cash invested stands at 22.71% in year one. Equity gained on principal adds $2,758/yr while 5% annual appreciation supports $118,083 over five years. Portfolio math shows five-year ROI at 118.82% and total cumulative return in cash at $168,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,289/mo property income against a $2,092/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
3.33 Acres lot
$N/A/sqft
$323 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98092, Auburn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,294 (100%) |
| Owner Occupied HU | 12,407 (71.7%) |
| Renter Occupied HU | 4,510 (26.1%) |
| Vacant Housing Units | 377 ( 2.2%) |
| Median Home Value | $665,311 |
| Average Home Value | $755,549 |
Housing Distribution
Address Breakdown
Residential
17,141
Single Family
14,112
Multi-Family
3,029
Businesses
156
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