1557 Livorno AveRichlandWA99352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Richland at 1557 Livorno Ave, Richland, WA, 99352 offers $2,998/mo rent that, after a $2,931/mo payment. Total monthly income is $2,998/mo. Return on cash invested measures 16.4% in year one, and rental yield stands at 6.01% at a $598,850 entry. Equity gained on principal adds $3,864/yr while 5% annual appreciation compounds into $165,451 by year five. Five-year ROI records 83.75% and total cumulative return in cash reaches $164,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,998/mo property income versus a $2,931/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,454 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: Jesse Irwin • Coldwell Banker Tomlinson
Mls Name: PACMLS
Mls ID: #288838