975 Aberdeen Avenue NE #D203RentonWA98056
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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 975 Aberdeen Avenue NE #D203, Renton, WA, 98056 listed at $294,950 pairs $2,062/mo rent with a $1,444/mo payment to leave $289/mo cash flow. Total monthly income runs $2,062/mo, and annual cash flow reaches $3,464/yr on $97,776 cash to close. Return on cash invested measures 23.45% in year one, and rental yield registers 8.39% at a $294,950 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,489 by year five. Five-year ROI tracks 121.61% and total cumulative return in cash totals $118,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,062/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
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: Stacie Whitfield • List4FlatFee.com, LLC
Mls Name: NWMLS
Mls ID: #2426279