31507 106th Pl SE APT S303AuburnWA98092
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
Rental property for sale in Auburn at 31507 106th Pl SE APT S303, Auburn, WA, 98092 generates $3,288/mo in rent and, after a $1,419/mo payment, leaves $1,452/mo in cash flow. Total monthly income is $3,288/mo, and annual cash flow is $17,421/yr on $96,102 invested. Return on cash invested sits at 38.04% in year one, and rental yield is 13.61% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 200.23% and total cumulative return in cash sums $192,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,288/mo property income rather than buyer’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98092, Auburn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,294 (100%) |
| Owner Occupied HU | 12,407 (71.7%) |
| Renter Occupied HU | 4,510 (26.1%) |
| Vacant Housing Units | 377 ( 2.2%) |
| Median Home Value | $665,311 |
| Average Home Value | $755,549 |
Housing Distribution
Address Breakdown
Residential
17,141
Single Family
14,112
Multi-Family
3,029
Businesses
156
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A