6118 Alexander Pl SEAuburnWA98092
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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 6118 Alexander Pl SE, Auburn, WA, 98092 listed at $594,500 pairs $3,803/mo rent with a $2,910/mo payment to leave $171/mo cash flow. Total monthly income runs $3,803/mo, and annual cash flow reaches $2,054/yr on $195,591 cash to close. Return on cash invested measures 21.11% in year one, and rental yield registers 7.68% at a $594,500 basis. Equity gained on principal adds $3,836/yr, and annual property appreciation at 5% supports $164,249 by year five. Five-year ROI tracks 109.16% and total cumulative return in cash totals $213,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,803/mo property income relative to a $2,910/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
2,178 sqft 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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