1211 N 3rd StreetRentonWA98057
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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 1211 N 3rd Street, Renton, WA, 98057 listed at $680,000 pairs $5,994/mo rent with a $3,328/mo payment to leave $1,907/mo cash flow. Total monthly income runs $5,994/mo, and annual cash flow reaches $22,880/yr on $223,720 cash to close. Return on cash invested measures 30.29% in year one, and rental yield registers 10.58% at a $680,000 basis. Equity gained on principal adds $4,388/yr, and annual property appreciation at 5% supports $187,871 by year five. Five-year ROI tracks 158.23% and total cumulative return in cash totals $353,988. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,994/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1932
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98057, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,641 (100%) |
| Owner Occupied HU | 1,763 (23.1%) |
| Renter Occupied HU | 5,499 (72.0%) |
| Vacant Housing Units | 379 ( 5.0%) |
| Median Home Value | $662,804 |
| Average Home Value | $754,915 |
Housing Distribution
Address Breakdown
Residential
6,481
Single Family
3,968
Multi-Family
2,513
Businesses
1,737
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Listed by: Samantha Arango • Windermere RE North, Inc.
Mls Name: NWMLS
Mls ID: #2466185