714 High Avenue SRentonWA98057
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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 714 High Avenue S, Renton, WA, 98057 with 5% annual appreciation on a $1,198,000 basis while $5,608/mo rent supports operations. 44% in year one. Equity gained on principal adds $7,731/yr, and five-year appreciation sums $330,985 alongside rental yield of 5.62%. Five-year ROI measures 78.56% and total cumulative return in cash totals $304,927. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,608/mo property income versus a $5,864/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
10,075 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: Gina Weigum • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2417134