2022 Aberdeen Place SERentonWA98055
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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 2022 Aberdeen Place SE, Renton, WA, 98055 offers a 7.6% rental yield on a $649,950 purchase with $4,114/mo rent. Total monthly income registers $4,114/mo, and a $3,181/mo payment leaves $207/mo available for distribution. Annual cash flow reaches $2,487/yr on $213,834 to close, and return on cash invested stands at 21.22% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,569 over five years. Portfolio math shows five-year ROI at 109.63% and total cumulative return in cash at $234,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,114/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
7,771 sqft 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
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Listed by: Monique R Losk • RE/MAX Realty South
Mls Name: NWMLS
Mls ID: #2418967