16148 Parkside Way SERentonWA98058
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 16148 Parkside Way SE, Renton, WA, 98058 offers a 6.51% rental yield on a $950,000 purchase with $5,153/mo rent. 92% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Portfolio math shows five-year ROI at 91.9% and total cumulative return in cash at $287,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,153/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
6,581 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Southard • Upgrade Realty
Mls Name: NWMLS
Mls ID: #2467330