1108 S Olympia 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
Rental property for sale in Kennewick at 1108 S Olympia Pl, Kennewick, WA, 99337 generates $1,656/mo in rent, after a $3,181/mo payment. Total monthly income is $1,656/mo. Return on cash invested sits at 7.43% in year one, and rental yield is 3.06% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 35.67% and total cumulative return in cash sums $76,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,656/mo property income rather than buyer’s personal income.
Multi Family
Built in 1979
N/A 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: Brianna Cooper • Celski & Associates, Inc.
Mls Name: PACMLS
Mls Provider:
Mls ID: #283900
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.