17021 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
Rental property for sale in Renton at 17021 Parkside Way SE, Renton, WA, 98058 generates $4,175/mo in rent, after a $3,720/mo payment. Total monthly income is $4,175/mo. Return on cash invested sits at 18.17% in year one, and rental yield is 6.59% on a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation builds toward $209,974 over five years. Five-year ROI reaches 93.26% and total cumulative return in cash sums $233,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,175/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
3,828 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: Lauri Cass • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2412934