17537 151st Avenue SE #9-4RentonWA98058
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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 17537 151st Avenue SE #9-4, Renton, WA, 98058 listed at $229,900 pairs $1,962/mo rent with a $1,125/mo payment to leave $580/mo cash flow. Total monthly income runs $1,962/mo, and annual cash flow reaches $6,963/yr on $76,212 cash to close. Return on cash invested measures 29.05% in year one, and rental yield registers 10.24% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 151.64% and total cumulative return in cash totals $115,571. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,962/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A 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: Pamela Martinez-Pitt • RSVP Brokers ERA
Mls Name: NWMLS
Mls ID: #2374497