2131 62nd Place SEAuburnWA98092
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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 2131 62nd Place SE, Auburn, WA, 98092 earns from $3,114/mo rent with a $3,083/mo payment. Total monthly income totals $3,114/mo. ROI tracks 16.17% on current figures, and rental yield reads 5.93% at a $629,950 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,044 over five years. Five-year ROI reaches 82.51% and total cumulative return in cash sums $171,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,114/mo property income instead of your personal income.
Single Family
Built in 2002
5,845 sqft lot
$N/A/sqft
No 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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Listed by: Joren Johnson • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2466487