3204 Park Avenue NRentonWA98056
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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 3204 Park Avenue N, Renton, WA, 98056 offers a 3.82% rental yield on a $1,550,000 purchase with $4,932/mo rent. 89% in year one. Equity gained on principal adds $10,002/yr while 5% annual appreciation supports $428,236 over five years. Portfolio math shows five-year ROI at 48.8% and total cumulative return in cash at $245,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,932/mo property income against a $7,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,661 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
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Listed by: Christina Jarvis • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls ID: #2431837