264 Field Place SERentonWA98059
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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
Rental property for sale in Renton at 264 Field Place SE, Renton, WA, 98059 priced at $1,300,000 pairs $4,967/mo rent with after a $6,363/mo payment. Total monthly income equals $4,967/mo. Return on cash invested is 12.26% in year one, and rental yield stands at 4.58% on a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and 5% annual appreciation accumulates to $359,166 by year five. Five-year ROI measures 61.48% and total cumulative return in cash reaches $258,939. For financing, Ziffy Mortgage’s DSCR program evaluates $4,967/mo property income against a $6,363/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98059, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,478 (100%) |
| Owner Occupied HU | 10,502 (72.5%) |
| Renter Occupied HU | 3,477 (24.0%) |
| Vacant Housing Units | 499 ( 3.4%) |
| Median Home Value | $912,305 |
| Average Home Value | $1,023,454 |
Housing Distribution
Address Breakdown
Residential
15,245
Single Family
12,335
Multi-Family
2,910
Businesses
293
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Listed by: Sarah Lewis • SCOUT
Mls Name: NWMLS
Mls ID: #2431417