7501 129th Place SE #G101NewcastleWA98056
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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 Newcastle at 7501 129th Place SE #G101, Newcastle, WA, 98056 listed at $789,500 pairs $4,178/mo rent with a $3,864/mo payment. Total monthly income runs $4,178/mo. Return on cash invested measures 17.44% in year one, and rental yield registers 6.35% at a $789,500 basis. Equity gained on principal adds $5,095/yr, and annual property appreciation at 5% supports $218,124 by year five. Five-year ROI tracks 89.33% and total cumulative return in cash totals $232,019. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,178/mo property income relative to a $3,864/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98056, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,912 (100%) |
| Owner Occupied HU | 8,529 (53.6%) |
| Renter Occupied HU | 6,624 (41.6%) |
| Vacant Housing Units | 759 ( 4.8%) |
| Median Home Value | $841,140 |
| Average Home Value | $972,810 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
10,816
Multi-Family
3,912
Businesses
695
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Listed by: Jesse Tam • Better Properties Eastside
Mls Name: NWMLS
Mls ID: #2409469