18704 109th Lane SERentonWA98055
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
Investment property for sale in Renton at 18704 109th Lane SE, Renton, WA, 98055 uses $184,240 cash to close to unlock $1,388/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $3,482/mo, and a $2,741/mo payment keeps the spread at $116/mo. Purchase price stands at $560,000, and rental yield measures 7.46% with $3,482/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 107.43% and total cumulative return in cash records $197,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,482/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98055, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,226 (100%) |
| Owner Occupied HU | 5,055 (49.4%) |
| Renter Occupied HU | 4,774 (46.7%) |
| Vacant Housing Units | 397 ( 3.9%) |
| Median Home Value | $650,240 |
| Average Home Value | $741,298 |
Housing Distribution
Address Breakdown
Residential
9,899
Single Family
7,981
Multi-Family
1,918
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kendahl Sipes • Keller Williams Realty
Mls Name: NWMLS
Mls ID: #2469941