264 Edmonds Ave SERentonWA98056
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
Rental property for sale in Renton at 264 Edmonds Ave SE, Renton, WA, 98056 priced at $863,200 converts $4,410/mo rent into after a $4,225/mo obligation. Total monthly income equals $4,410/mo. Return on cash invested prints 16.41% in year one, and rental yield reads 6.13% against a $863,200 entry. Equity gained on principal adds $5,570/yr, while 5% annual appreciation compiles into $238,486 by year five. Five-year ROI reaches 83.93% and total cumulative return in cash sums $238,346. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,410/mo property income covering a $4,225/mo payment, not borrower’s personal income.
Single Family
Built in 2002
5,765 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A