1502 W 38th PlKennewickWA99337
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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 Kennewick at 1502 W 38th Pl, Kennewick, WA, 99337 earns $700/mo cash flow from $3,520/mo rent with a $2,296/mo payment. Total monthly income totals $3,520/mo, and annual cash flow totals $8,403/yr on $155,474 capital. ROI tracks 25.31% on current figures, and rental yield reads 9.01% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 131.61% and total cumulative return in cash sums $204,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,520/mo property income instead of your personal income.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99337, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,773 (100%) |
| Owner Occupied HU | 10,330 (80.9%) |
| Renter Occupied HU | 2,031 (15.9%) |
| Vacant Housing Units | 412 ( 3.2%) |
| Median Home Value | $449,495 |
| Average Home Value | $477,667 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
11,956
Multi-Family
125
Businesses
152
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Listed by: Alberto Gonzalez • Century 21-Tri-Cities
Mls Name: PACMLS
Mls ID: #286213