16709 168th Terrace 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 16709 168th Terrace SE, Renton, WA, 98058 listed at $1,235,000 pairs $5,033/mo rent with a $6,045/mo payment. Total monthly income runs $5,033/mo. Return on cash invested measures 13.2% in year one, and rental yield registers 4.89% at a $1,235,000 basis. Equity gained on principal adds $7,969/yr, and annual property appreciation at 5% supports $341,208 by year five. Five-year ROI tracks 66.52% and total cumulative return in cash totals $266,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,033/mo property income relative to a $6,045/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
6,730 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: Julie Hall • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2440354