15247 162nd Avenue SERentonWA98058
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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 15247 162nd Avenue SE, Renton, WA, 98058 earns from $4,736/mo rent with a $5,384/mo payment. Total monthly income totals $4,736/mo. ROI tracks 14.05% on current figures, and rental yield reads 5.17% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 71.1% and total cumulative return in cash sums $253,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,736/mo property income instead of your personal income.
Single Family
Built in 1991
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98058, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,386 (100%) |
| Owner Occupied HU | 11,608 (70.8%) |
| Renter Occupied HU | 4,425 (27.0%) |
| Vacant Housing Units | 353 ( 2.2%) |
| Median Home Value | $678,214 |
| Average Home Value | $781,202 |
Housing Distribution
Address Breakdown
Residential
16,284
Single Family
14,090
Multi-Family
2,194
Businesses
498
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Listed by: Loren D. Ellingson • Redfin
Mls Name: NWMLS
Mls ID: #2425976