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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Kennewick, WA
Listed for sale 3 days ago
$ 325,000
ROI
22.0
Cash Flow/m
206- 2 Bed
- 2 Bath
- 1418 sft
3710 Canyon Lakes Dr. #L-104, Kennewick, WA, 99337
$ 285,000
ROI
23.3Cash Flow/m
281- 3 Bed
- 3 Bath
- 1726 sft
4214 W Klamath Ave Unit A5, Kennewick, WA, 99336
$ 285,000
ROI
20.4Cash Flow/m
49- 3 Bed
- 3 Bath
- 1726 sft
42514 W Klamath Ave APT A5, Kennewick, WA, 99336
$ 235,000
ROI
23.5Cash Flow/m
241- 3 Bed
- 2 Bath
- 1152 sft
4203 W Kennewick Ave APT 6, Kennewick, WA, 99336
Why Invest in Kennewick, Washington?
Kennewick, WA condo investments offer steady returns in a stable market with low appreciation risk. Rental yields average 5-6% amid growing renter demand from local workforce. Cap rates hover around 6%, supported by median home values near $415K and moderate cash flows. The Tri-Cities area's economic growth enhances long-term appreciation potential at 2% annually. Investor-friendly dynamics include balanced supply and consistent occupancy rates.
7.5%
Avg. ROI
5.8%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
1.9%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 5-6% with stable cap rates. The balanced market and growing workforce support consistent occupancy. Low maintenance appeals to investors seeking cash flow.
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