801 Rainier Avenue N #G-137RentonWA98057
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 801 Rainier Avenue N #G-137, Renton, WA, 98057 in Renton earns a 8.97% gross yield at $314,950. Rent of $2,353/mo nets $460/mo after the $1,416/mo mortgage. The 1.66 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $87,015 and $2,901/yr in equity accumulation project a total cumulative return of $148,817.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $460 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,353 |
| Total Monthly Debt Service | $1,768 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1999
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1999
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James K Myers • RE/MAX All City
Mls Name: NWMLS
Mls ID: #2435114