611 SW 5th Court #A206RentonWA98057
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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 611 SW 5th Court #A206, Renton, WA, 98057 listed at $260,000 pairs $2,514/mo rent with a $1,273/mo payment to leave $951/mo cash flow. Total monthly income runs $2,514/mo, and annual cash flow reaches $11,408/yr on $86,190 cash to close. Return on cash invested measures 33.14% in year one, and rental yield registers 11.6% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 173.59% and total cumulative return in cash totals $149,621. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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: Jamie Tan • WeLakeside
Mls Name: NWMLS
Mls ID: #2448656