900 29th Street SE #D-11AuburnWA98002
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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 900 29th Street SE #D-11, Auburn, WA, 98002 generates $836/mo in rent and, after a $538/mo payment, leaves $175/mo in cash flow. Total monthly income is $836/mo, and annual cash flow is $2,102/yr on $36,465 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 9.12% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash sums $48,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $836/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98002, Auburn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,616 (100%) |
| Owner Occupied HU | 6,970 (44.6%) |
| Renter Occupied HU | 8,016 (51.3%) |
| Vacant Housing Units | 630 ( 4.0%) |
| Median Home Value | $454,760 |
| Average Home Value | $471,764 |
Housing Distribution
Address Breakdown
Residential
14,721
Single Family
12,515
Multi-Family
2,206
Businesses
1,205
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Listed by: Tina Lucas • RSVP Brokers ERA
Mls Name: NWMLS
Mls ID: #2457575