29318 32nd Place SAuburnWA98001
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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 29318 32nd Place S, Auburn, WA, 98001 listed at $550,000 pairs $3,361/mo rent with a $2,692/mo payment to leave $55/mo cash flow. Total monthly income runs $3,361/mo, and annual cash flow reaches $658/yr on $180,950 cash to close. Return on cash invested measures 20.42% in year one, and rental yield registers 7.33% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 105.33% and total cumulative return in cash totals $190,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,361/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98001, Auburn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,469 (100%) |
| Owner Occupied HU | 9,465 (75.9%) |
| Renter Occupied HU | 2,657 (21.3%) |
| Vacant Housing Units | 347 ( 2.8%) |
| Median Home Value | $642,921 |
| Average Home Value | $727,716 |
Housing Distribution
Address Breakdown
Residential
12,378
Single Family
11,081
Multi-Family
1,297
Businesses
1,073
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Listed by: Don M. Goethals • RE/MAX Extra Inc.
Mls Name: NWMLS
Mls ID: #2421340