2944 O Street SEAuburnWA98002
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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 2944 O Street SE, Auburn, WA, 98002 listed at $899,000 pairs $2,790/mo rent with a $4,400/mo payment. Total monthly income runs $2,790/mo. Return on cash invested measures 9.46% in year one, and rental yield registers 3.72% at a $899,000 basis. Equity gained on principal adds $5,801/yr, and annual property appreciation at 5% supports $248,377 by year five. Five-year ROI tracks 46.53% and total cumulative return in cash totals $137,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,790/mo property income relative to a $4,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1983
8,799 sqft 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: Charles Burnett • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2463026