1801 Redmond Place NERentonWA98056
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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 1801 Redmond Place NE, Renton, WA, 98056 earns from $6,514/mo rent with a $8,560/mo payment. Total monthly income totals $6,514/mo. ROI tracks 11.9% on current figures, and rental yield reads 4.47% at a $1,749,000 purchase. Equity gained on principal adds $11,286/yr, and 5% annual appreciation supports $483,216 over five years. Five-year ROI reaches 59.56% and total cumulative return in cash sums $337,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,514/mo property income instead of your personal income.
Single Family
Built in 2025
8,141 sqft 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
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Listed by: Tammie Tom-Freeman • Venture Real Estate Group LLC
Mls Name: NWMLS
Mls ID: #2448199