1002 Sanford Ave,Richland,WA,99354

Investment Highlights

Investment property for sale in Richland at 1002 Sanford Ave, Richland, WA, 99354 offers a 7.88% rental yield on a $310,000 purchase with $2,036/mo rent. Total monthly income registers $2,036/mo, and a $1,517/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,074/yr on $102,765 to close, and return on cash invested stands at 21.93% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 113.42% and total cumulative return in cash at $116,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,036/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.