1202 S Johnson StKennewickWA99338
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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 1202 S Johnson St, Kennewick, WA, 99338 priced at $419,000 converts $2,926/mo rent into $407/mo cash flow after a $2,051/mo obligation. Total monthly income equals $2,926/mo, and annual cash flow totals $4,885/yr on $138,899 invested. Return on cash invested prints 23.43% in year one, and rental yield reads 8.38% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 121.49% and total cumulative return in cash sums $168,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,926/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 1976
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99338, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,724 (100%) |
| Owner Occupied HU | 6,350 (82.2%) |
| Renter Occupied HU | 1,111 (14.4%) |
| Vacant Housing Units | 263 ( 3.4%) |
| Median Home Value | $584,005 |
| Average Home Value | $616,046 |
Housing Distribution
Address Breakdown
Residential
7,826
Single Family
7,260
Multi-Family
566
Businesses
203
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Listed by: Jessica Larralde • EXP Realty, LLC.
Mls Name: PACMLS
Mls Provider:
Mls ID: #282624
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.