3400 S 288th Street #K-7AuburnWA98001
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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
Rental property for sale in Auburn at 3400 S 288th Street #K-7, Auburn, WA, 98001 generates $2,615/mo in rent and, after a $1,835/mo payment, leaves $361/mo in cash flow. Total monthly income is $2,615/mo, and annual cash flow is $4,336/yr on $124,296 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 8.37% on a $374,950 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,592 over five years. Five-year ROI reaches 121.34% and total cumulative return in cash sums $150,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,615/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
N/A 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: Ryan Outerson • Northwest HomePros LLC
Mls Name: NWMLS
Mls ID: #2463717