1307 Goethals Dr APT C,Richland,WA,99354

Investment Highlights

Investment property for sale in Richland at 1307 Goethals Dr APT C, Richland, WA, 99354 listed at $242,000 pairs $1,864/mo rent with a $1,184/mo payment to leave $410/mo cash flow. Total monthly income runs $1,864/mo, and annual cash flow reaches $4,917/yr on $80,223 cash to close. Return on cash invested measures 26.04% in year one, and rental yield registers 9.24% at a $242,000 basis. Equity gained on principal adds $1,562/yr, and annual property appreciation at 5% supports $66,860 by year five. Five-year ROI tracks 135.49% and total cumulative return in cash totals $108,690. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,864/mo property income relative to a $1,184/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).