2300 Benson Road S #B7RentonWA98055
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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 2300 Benson Road S #B7, Renton, WA, 98055 offers a 8.06% rental yield on a $565,000 purchase with $3,793/mo rent. Total monthly income registers $3,793/mo, and a $2,765/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,765/yr on $185,885 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 117.15% and total cumulative return in cash at $217,767. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,793/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1998
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
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Listed by: Mariko Mitsui • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2459470