732 Algona Boulevard NAlgonaWA98001
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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 Algona at 732 Algona Boulevard N, Algona, WA, 98001 earns $348/mo cash flow from $3,353/mo rent with a $2,447/mo payment. Total monthly income totals $3,353/mo, and annual cash flow totals $4,173/yr on $165,733 capital. ROI tracks 22.43% on current figures, and rental yield reads 8.05% at a $499,950 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,127 over five years. Five-year ROI reaches 116.11% and total cumulative return in cash sums $192,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,353/mo property income instead of your personal income.
Manufactured
Built in 1990
8,067 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: Alise D. Roberts • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2428396