1901 M Street NE #2005AuburnWA98002
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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 1901 M Street NE #2005, Auburn, WA, 98002 uses $109,229 cash to close to unlock $6,925/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $2,558/mo, and a $1,613/mo payment keeps the spread at $577/mo. Purchase price stands at $329,500, and rental yield measures 9.32% with $2,558/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $91,035 over five years. Five-year ROI reaches 136.64% and total cumulative return in cash records $149,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,558/mo property income covering a $1,613/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
N/A 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: Sean Douglas Robbins • eXp Realty
Mls Name: NWMLS
Mls ID: #2407966