11531 SE 84th StNewcastleWA98056
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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 Newcastle at 11531 SE 84th St, Newcastle, WA, 98056 generates $5,098/mo in rent, after a $9,006/mo payment. Total monthly income is $5,098/mo. Return on cash invested sits at 8.37% in year one, and rental yield is 3.32% on a $1,839,995 entry. Equity gained on principal adds $11,873/yr, while 5% annual appreciation builds toward $508,357 over five years. Five-year ROI reaches 40.61% and total cumulative return in cash sums $242,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,098/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
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: Online Sales Consultant - Parkside at May Creek • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A