11510 SE 83RD Place #8NewcastleWA98056
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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 Newcastle at 11510 SE 83RD Place #8, Newcastle, WA, 98056 earns from $5,071/mo rent with a $6,975/mo payment. Total monthly income totals $5,071/mo. ROI tracks 10.82% on current figures, and rental yield reads 4.27% at a $1,424,995 purchase. Equity gained on principal adds $9,195/yr, and 5% annual appreciation supports $393,700 over five years. Five-year ROI reaches 53.92% and total cumulative return in cash sums $248,935. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,071/mo property income instead of your personal income.
Single Family
Built in 2025
3,598 sqft lot
$N/A/sqft
$180 monthly 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: Justin Kim • D.R. Horton
Mls Name: NWMLS
Mls Provider:
Mls ID: #2414716
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-21 02:39:25 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)