3017 S 274th StreetAuburnWA98001
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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 3017 S 274th Street, Auburn, WA, 98001 uses $190,820 cash to close to unlock $6,616/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $4,038/mo, and a $2,839/mo payment keeps the spread at $551/mo. Purchase price stands at $580,000, and rental yield measures 8.35% with $4,038/mo rent. Return on cash invested shows 23.53% in year one, and 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 121.99% and total cumulative return in cash records $232,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,038/mo property income covering a $2,839/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.40 Acres 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: John Sattler • Bushnell Real Estate Solutions
Mls Name: NWMLS
Mls ID: #2441341