1838 E Main StreetAuburnWA98002
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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 1838 E Main Street, Auburn, WA, 98002 listed at $785,000 pairs $3,388/mo rent with a $3,842/mo payment. Total monthly income runs $3,388/mo. Return on cash invested measures 13.88% in year one, and rental yield registers 5.18% at a $785,000 basis. Equity gained on principal adds $5,065/yr, and annual property appreciation at 5% supports $216,881 by year five. Five-year ROI tracks 70.24% and total cumulative return in cash totals $181,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,388/mo property income relative to a $3,842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.85 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: Toril Schoepfer • Toril Sells Houses Team
Mls Name: NWMLS
Mls ID: #2420877