1009 S Underwood PlKennewickWA99337
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
Rental property for sale in Kennewick at 1009 S Underwood Pl, Kennewick, WA, 99337 offers $2,519/mo rent that, after a $3,230/mo payment. Total monthly income is $2,519/mo. Return on cash invested measures 12.06% in year one, and rental yield stands at 4.58% at a $659,850 entry. Equity gained on principal adds $4,258/yr while 5% annual appreciation compounds into $182,304 by year five. Five-year ROI records 60.48% and total cumulative return in cash reaches $131,302. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,519/mo property income versus a $3,230/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2025
9,622 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99337, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,773 (100%) |
| Owner Occupied HU | 10,330 (80.9%) |
| Renter Occupied HU | 2,031 (15.9%) |
| Vacant Housing Units | 412 ( 3.2%) |
| Median Home Value | $449,495 |
| Average Home Value | $477,667 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
11,956
Multi-Family
125
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Irwin • Coldwell Banker Tomlinson
Mls Name: PACMLS
Mls ID: #289698