1415 SE 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 1415 SE Carolina Ave, Richland, WA, 99352 offers a 2.69% rental yield on a $939,000 purchase with $2,108/mo rent. 32% in year one. Equity gained on principal adds $6,059/yr while 5% annual appreciation supports $259,428 over five years. Portfolio math shows five-year ROI at 29.72% and total cumulative return in cash at $91,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,108/mo property income against a $4,596/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2025
7,840 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 Tri Cities
Mls Name: PACMLS
Mls ID: #288815