2168 69th Street 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 2168 69th Street SE, Auburn, WA, 98092 offers a 7.3% rental yield on a $624,999 purchase with $3,802/mo rent. Total monthly income registers $3,802/mo, and a $3,059/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $541/yr on $205,625 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 104.81% and total cumulative return in cash at $215,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,802/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
3,201 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: Sandra Padilla • eXp Realty
Mls Name: NWMLS
Mls ID: #2418544