1409 51st Place NEAuburnWA98002
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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 1409 51st Place NE, Auburn, WA, 98002 earns $267/mo cash flow from $2,912/mo rent with a $2,154/mo payment. Total monthly income totals $2,912/mo, and annual cash flow totals $3,200/yr on $145,860 capital. ROI tracks 22.1% on current figures, and rental yield reads 7.94% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 114.38% and total cumulative return in cash sums $166,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,912/mo property income instead of your personal income.
Townhouse
Built in 2008
7.85 Acres 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
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Listed by: Shafiqullah Daqeeq • Berkshire Hathaway HS NW
Mls Name: NWMLS
Mls ID: #2451340