1031 S Underwood PlKennewickWA99337
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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 Kennewick at 1031 S Underwood Pl, Kennewick, WA, 99337 with 5% annual appreciation on a $699,850 basis while $2,660/mo rent supports operations. Equity gained on principal adds $4,516/yr, and five-year appreciation sums $193,356 alongside rental yield of 4.56%. Five-year ROI measures 60.16% and total cumulative return in cash totals $138,521. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,660/mo property income versus a $3,425/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2025
7,492 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
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Listed by: Jesse Irwin • Coldwell Banker Tomlinson
Mls Name: PACMLS
Mls ID: #289700