1150 Sunset Boulevard NE #121RentonWA98056
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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 Renton at 1150 Sunset Boulevard NE #121, Renton, WA, 98056 generates $2,267/mo in rent and, after a $1,223/mo payment, leaves $765/mo in cash flow. Total monthly income is $2,267/mo, and annual cash flow is $9,181/yr on $82,809 invested. Return on cash invested sits at 31% in year one, and rental yield is 10.89% on a $249,800 entry. Equity gained on principal adds $1,612/yr, while 5% annual appreciation builds toward $69,015 over five years. Five-year ROI reaches 162.09% and total cumulative return in cash sums $134,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,267/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98056, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,912 (100%) |
| Owner Occupied HU | 8,529 (53.6%) |
| Renter Occupied HU | 6,624 (41.6%) |
| Vacant Housing Units | 759 ( 4.8%) |
| Median Home Value | $841,140 |
| Average Home Value | $972,810 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
10,816
Multi-Family
3,912
Businesses
695
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Listed by: Sherrie Chen • AgencyOne
Mls Name: NWMLS
Mls ID: #2431715