842 Chelan Pl NERentonWA98059
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
Investment Highlights
Investment property for sale in Renton at 842 Chelan Pl NE, Renton, WA, 98059 listed at $968,100 pairs $4,570/mo rent with a $4,738/mo payment. Total monthly income runs $4,570/mo. Return on cash invested measures 15.04% in year one, and rental yield registers 5.66% at a $968,100 basis. Equity gained on principal adds $6,247/yr, and annual property appreciation at 5% supports $267,468 by year five. Five-year ROI tracks 76.58% and total cumulative return in cash totals $243,896. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,570/mo property income relative to a $4,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
4,377 sqft lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98059, Renton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,478 (100%) |
| Owner Occupied HU | 10,502 (72.5%) |
| Renter Occupied HU | 3,477 (24.0%) |
| Vacant Housing Units | 499 ( 3.4%) |
| Median Home Value | $912,305 |
| Average Home Value | $1,023,454 |
Housing Distribution
Address Breakdown
Residential
15,245
Single Family
12,335
Multi-Family
2,910
Businesses
293
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Listed by: N/A • N/A
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