1607 Lyons Avenue NERentonWA98059
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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 1607 Lyons Avenue NE, Renton, WA, 98059 earns from $4,969/mo rent with a $8,198/mo payment. Total monthly income totals $4,969/mo. ROI tracks 9.09% on current figures, and rental yield reads 3.56% at a $1,675,000 purchase. Equity gained on principal adds $10,809/yr, and 5% annual appreciation supports $462,772 over five years. Five-year ROI reaches 44.51% and total cumulative return in cash sums $241,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,969/mo property income instead of your personal income.
Single Family
Built in 2006
4,839 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: Kira James • John L. Scott Mill Creek
Mls Name: NWMLS
Mls ID: #2455026