305 M Street NEAuburnWA98002
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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 305 M Street NE, Auburn, WA, 98002 with 5% annual appreciation on a $480,000 basis while $2,869/mo rent supports operations. 79% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,615 alongside rental yield of 7.17%. Five-year ROI measures 101.94% and total cumulative return in cash totals $162,209. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,869/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1944
6,072 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: Kurt Schwinden • Keller Williams Western Realty
Mls Name: NWMLS
Mls ID: #2463391