55 Williams Avenue S #209RentonWA98057
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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 55 Williams Avenue S #209, Renton, WA, 98057 offers a 6.98% rental yield on a $424,999 purchase with $2,471/mo rent. 2% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,419 over five years. Portfolio math shows five-year ROI at 98.81% and total cumulative return in cash at $139,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,471/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
0.71 Acres 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: Tamara Ross • RE/MAX Exclusive
Mls Name: NWMLS
Mls ID: #2451513