1353 Carolina AveRichlandWA99352
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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 Richland at 1353 Carolina Ave, Richland, WA, 99352 earns $292/mo cash flow from $2,306/mo rent with a $1,640/mo payment. Total monthly income totals $2,306/mo, and annual cash flow totals $3,503/yr on $111,053 capital. ROI tracks 23.06% on current figures, and rental yield reads 8.26% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 119.52% and total cumulative return in cash sums $132,728. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,306/mo property income instead of your personal income.
Single Family
Built in 1956
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99352, Richland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,894 (100%) |
| Owner Occupied HU | 11,107 (65.7%) |
| Renter Occupied HU | 5,094 (30.2%) |
| Vacant Housing Units | 693 ( 4.1%) |
| Median Home Value | $503,035 |
| Average Home Value | $545,350 |
Housing Distribution
Address Breakdown
Residential
16,134
Single Family
13,792
Multi-Family
2,342
Businesses
1,417
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Listed by: Wendy Simms • Professional Realty Services
Mls Name: PACMLS
Mls ID: #285733