1160 Monroe Avenue NE #C2RentonWA98056
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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 Renton at 1160 Monroe Avenue NE #C2, Renton, WA, 98056 earns $2,231/mo cash flow from $3,594/mo rent with a $905/mo payment. Total monthly income totals $3,594/mo, and annual cash flow totals $26,777/yr on $61,328 capital. ROI tracks 63.57% on current figures, and rental yield reads 23.31% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 338.57% and total cumulative return in cash sums $207,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,594/mo property income instead of your personal income.
Townhouse
Built in 1996
N/A lot
$N/A/sqft
$251 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: Xiaoyuan He • AgencyOne
Mls Name: NWMLS
Mls Provider:
Mls ID: #2414378
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 21:09:25 PDT. 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)