2521 Smithers Avenue SRentonWA98055
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 2521 Smithers Avenue S, Renton, WA, 98055 earns from $3,151/mo rent with a $3,500/mo payment. Total monthly income totals $3,151/mo. ROI tracks 14.02% on current figures, and rental yield reads 5.29% at a $715,000 purchase. Equity gained on principal adds $4,614/yr, and 5% annual appreciation supports $197,541 over five years. Five-year ROI reaches 71.05% and total cumulative return in cash sums $167,145. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,151/mo property income instead of your personal income.
Single Family
Built in 1969
7,940 sqft lot
$N/A/sqft
$200 annually 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: Roger Kilburn • Redfin
Mls Name: NWMLS
Mls Provider:
Mls ID: #2396251
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 21:04:46 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)