1500 S 5th PlaceRentonWA98057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1500 S 5th Place, Renton, WA, 98057 listed at $1,595,999 pairs $5,185/mo rent with a $7,812/mo payment. Total monthly income runs $5,185/mo. Return on cash invested measures 10.14% in year one, and rental yield registers 3.9% at a $1,595,999 basis. Equity gained on principal adds $10,299/yr, and annual property appreciation at 5% supports $440,945 by year five. Five-year ROI tracks 50.1% and total cumulative return in cash totals $259,087. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,185/mo property income relative to a $7,812/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
8,698 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hung Nguyen • Whisper Real Estate
Mls Name: NWMLS
Mls ID: #2471322