3435 Auburn Way S #6AuburnWA98092
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 3435 Auburn Way S #6, Auburn, WA, 98092 uses $64,643 cash to close to unlock $8,835/yr annual cash flow and $736/mo monthly cash flow. Total monthly income runs $1,908/mo, and a $954/mo payment keeps the spread at $736/mo. Purchase price stands at $195,000, and rental yield measures 11.74% with $1,908/mo rent. Return on cash invested shows 33.58% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 175.94% and total cumulative return in cash records $113,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,908/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1979
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea M. Petersen • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2406995