1309 Goethals Dr APT DRichlandWA99354
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1309 Goethals Dr APT D, Richland, WA, 99354 in Richland: $1,853/mo in rent, $527/mo net, 13.08% gross yield, all on a $170,000 acquisition. The 2.43 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $46,968 in value, and $1,566/yr in principal paydown steadily builds equity. Projected total cumulative return: $99,636.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 5.8% |
| Monthly Cash Flow | $527 | $1,250 |
City averages based on Richland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,853 |
| Total Monthly Debt Service | $1,258 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1966
N/A lot
$N/A/sqft
$304 monthly HOA
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
Condo
Built in 1966
N/A lot
$N/A/sqft
$304 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Harty • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls Provider:
Mls ID: #284876
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