503 S 47th Street #11FRentonWA98055
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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 503 S 47th Street #11F, Renton, WA, 98055 earns from $3,299/mo rent with a $2,692/mo payment. Total monthly income totals $3,299/mo. ROI tracks 20.01% on current figures, and rental yield reads 7.2% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 103.13% and total cumulative return in cash sums $186,610. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,299/mo property income instead of your personal income.
Townhouse
Built in 1997
N/A lot
$N/A/sqft
No 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
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Listed by: Nicole Bascomb • Bascomb Real Estate Group
Mls Name: NWMLS
Mls ID: #2400977