1404 Delaware 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 1404 Delaware Ave, Richland, WA, 99352 at $268,500 posts ROI 18.71% with from $1,525/mo rent. Total monthly income equals $1,525/mo. Return on cash invested measures 18.71% and rental yield reads 6.82% at the current $268,500. Equity gained on principal adds $1,733/yr, and 5% annual appreciation supports $74,182 by year five. Five-year ROI prints 96.23% and total cumulative return in cash totals $85,654. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,525/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,098 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: Scot Hanson • EXP Realty, LLC.
Mls Name: PACMLS
Mls Provider:
Mls ID: #283356
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.