14516 79th Drive SERentonWA98059
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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 14516 79th Drive SE, Renton, WA, 98059 offers a 2.71% rental yield on a $1,550,000 purchase with $3,500/mo rent. 47% in year one. Equity gained on principal adds $10,002/yr while 5% annual appreciation supports $428,236 over five years. Portfolio math shows five-year ROI at 30.44% and total cumulative return in cash at $152,893. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,500/mo property income against a $7,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
7,074 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: Melissa Ko • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2470665