4002 S 380th PlaceAuburnWA98001
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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 4002 S 380th Place, Auburn, WA, 98001 generates $3,888/mo in rent and, after a $2,765/mo payment, leaves $492/mo in cash flow. Total monthly income is $3,888/mo, and annual cash flow is $5,906/yr on $185,868 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 8.26% on a $564,949 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,085 over five years. Five-year ROI reaches 120.45% and total cumulative return in cash sums $223,871. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,888/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
4,038 sqft 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: Neetu Dacosta • Dulay Homes LLC
Mls Name: NWMLS
Mls ID: #2432268