1425 S Puget Drive #B3RentonWA98055
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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 1425 S Puget Drive #B3, Renton, WA, 98055 earns $535/mo cash flow from $2,128/mo rent with a $1,297/mo payment. Total monthly income totals $2,128/mo, and annual cash flow totals $6,421/yr on $87,848 capital. ROI tracks 27.22% on current figures, and rental yield reads 9.64% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 141.85% and total cumulative return in cash sums $124,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,128/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98055, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,226 (100%) |
| Owner Occupied HU | 5,055 (49.4%) |
| Renter Occupied HU | 4,774 (46.7%) |
| Vacant Housing Units | 397 ( 3.9%) |
| Median Home Value | $650,240 |
| Average Home Value | $741,298 |
Housing Distribution
Address Breakdown
Residential
9,899
Single Family
7,981
Multi-Family
1,918
Businesses
284
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Listed by: Kefira Israel • Realty One Group Turn Key
Mls Name: NWMLS
Mls ID: #2450851