423 Park Avenue NRentonWA98057
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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 423 Park Avenue N, Renton, WA, 98057 at $849,000 posts ROI 13.8% with from $3,646/mo rent. Total monthly income equals $3,646/mo. Return on cash invested measures 13.8% and rental yield reads 5.15% at the current $849,000. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 by year five. Five-year ROI prints 69.81% and total cumulative return in cash totals $194,996. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,646/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
9,674 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98057, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,641 (100%) |
| Owner Occupied HU | 1,763 (23.1%) |
| Renter Occupied HU | 5,499 (72.0%) |
| Vacant Housing Units | 379 ( 5.0%) |
| Median Home Value | $662,804 |
| Average Home Value | $754,915 |
Housing Distribution
Address Breakdown
Residential
6,481
Single Family
3,968
Multi-Family
2,513
Businesses
1,737
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Listed by: Jeremiah Anderson • John L. Scott Everett
Mls Name: NWMLS
Mls ID: #2425167