1800 NE 40th Street #C-1RentonWA98056
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 1800 NE 40th Street #C-1, Renton, WA, 98056 generates $3,607/mo in rent and, after a $2,814/mo payment, leaves $151/mo in cash flow. Total monthly income is $3,607/mo, and annual cash flow is $1,811/yr on $189,175 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 7.53% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 108.51% and total cumulative return in cash sums $205,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,607/mo property income rather than buyer’s personal income.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98056, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,912 (100%) |
| Owner Occupied HU | 8,529 (53.6%) |
| Renter Occupied HU | 6,624 (41.6%) |
| Vacant Housing Units | 759 ( 4.8%) |
| Median Home Value | $841,140 |
| Average Home Value | $972,810 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
10,816
Multi-Family
3,912
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Robbins • COMPASS
Mls Name: NWMLS
Mls ID: #2435178