1824 W 28th AveKennewickWA99337
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1824 W 28th Ave, Kennewick, WA, 99337 in Kennewick at $675,000 earns $4,214/mo in rent and nets $124/mo after the $3,035/mo payment, a 7.49% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $186,490 over five years. Ziffy Mortgage underwrites this on a 1.39 DSCR without U.S. credit history. With $6,217/yr in principal paydown, total projected return reaches $263,496.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.8% |
| Monthly Cash Flow | $124 | $285 |
City averages based on Kennewick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,214 |
| Total Monthly Debt Service | $3,822 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
0.29 Acres lot
$N/A/sqft
$400 annually 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
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
Single Family
Built in 2004
0.29 Acres lot
$N/A/sqft
$400 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda Robinson • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls Provider:
Mls ID: #284819
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.