13436 SE 85th StreetNewcastleWA98059
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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 13436 SE 85th Street, Newcastle, WA, 98059 generates $5,182/mo in rent, after a $6,363/mo payment. Total monthly income is $5,182/mo. Return on cash invested sits at 12.87% in year one, and rental yield is 4.78% on a $1,299,998 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,165 over five years. Five-year ROI reaches 64.76% and total cumulative return in cash sums $272,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,182/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
10,545 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98059, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,478 (100%) |
| Owner Occupied HU | 10,502 (72.5%) |
| Renter Occupied HU | 3,477 (24.0%) |
| Vacant Housing Units | 499 ( 3.4%) |
| Median Home Value | $912,305 |
| Average Home Value | $1,023,454 |
Housing Distribution
Address Breakdown
Residential
15,245
Single Family
12,335
Multi-Family
2,910
Businesses
293
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Listed by: Helen Yang • WeLakeside
Mls Name: NWMLS
Mls ID: #2436139