30004 47th Place SAuburnWA98001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 30004 47th Place S, Auburn, WA, 98001 offers a 6.92% rental yield on a $525,000 purchase with $3,029/mo rent. 18% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 98.65% and total cumulative return in cash at $170,385. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,029/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
7,601 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chadwick Beckwith • eXp Realty
Mls Name: NWMLS
Mls ID: #2469510