12496 SE 299th PlaceAuburnWA98092
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 Auburn at 12496 SE 299th Place, Auburn, WA, 98092 earns from $3,918/mo rent with a $3,463/mo payment. Total monthly income totals $3,918/mo. ROI tracks 17.3% on current figures, and rental yield reads 6.65% at a $707,500 purchase. Equity gained on principal adds $4,565/yr, and 5% annual appreciation supports $195,469 over five years. Five-year ROI reaches 88.93% and total cumulative return in cash sums $207,006. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,918/mo property income instead of your personal income.
Single Family
Built in 2002
5,985 sqft lot
$N/A/sqft
$115 quarterly 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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Nearby investment properties with comparable prices
Listed by: Tanya Barrans • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2026763
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 05:09:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)