Condo Investment Properties for Sale in Kennewick, WA
$ 129,900
ROI
26.1
Cash Flow/m
230- 2 Bed
- 1 Bath
- 840 sft
420 S Quincy St APT L, Kennewick, WA, 99336
$ 399,900
ROI
23.4Cash Flow/m
401- 3 Bed
- 2 Bath
- 1880 sft
3710 W Canyon Lakes Dr APT G102, Kennewick, WA, 99337
$ 399,900
ROI
21.2Cash Flow/m
162- 3 Bed
- 2 Bath
- 1880 sft
3710 Canyon Lakes Dr #102, Kennewick, WA, 99337
$ 319,000
ROI
25.0Cash Flow/m
466- 3 Bed
- 2 Bath
- 1726 sft
4214 W Klamath Ave Unit B1, 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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