1489 Desert Springs 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 1489 Desert Springs Ave, Richland, WA, 99352 earns $178/mo cash flow from $2,585/mo rent with a $1,958/mo payment. Total monthly income totals $2,585/mo, and annual cash flow totals $2,132/yr on $132,600 capital. ROI tracks 21.52% on current figures, and rental yield reads 7.75% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 111.23% and total cumulative return in cash sums $147,496. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,585/mo property income instead of your personal income.
Single Family
Built in 2001
9,583 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: Shannon Pace • Century 21-Tri-Cities
Mls Name: PACMLS
Mls Provider:
Mls ID: #284392
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.