17838 161st Ave SERentonWA98058
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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 17838 161st Ave SE, Renton, WA, 98058 offers a 5.62% rental yield on a $865,000 purchase with $4,050/mo rent. 86% in year one. Equity gained on principal adds $5,582/yr while 5% annual appreciation supports $238,984 over five years. Portfolio math shows five-year ROI at 75.64% and total cumulative return in cash at $215,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,050/mo property income against a $4,234/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,000 sqft lot
$N/A/sqft
$209 annually 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: Ian M. McRae • COMPASS
Mls Name: NWMLS
Mls Provider:
Mls ID: #2389580
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-01 21:24:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)