214 S Olson StKennewickWA99336
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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
Rental property for sale in Kennewick at 214 S Olson St, Kennewick, WA, 99336 offers $1,869/mo rent that, after a $1,566/mo payment. Total monthly income is $1,869/mo. Return on cash invested measures 19.3% in year one, and rental yield stands at 7.01% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 99.31% and total cumulative return in cash reaches $105,320. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,869/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
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Listed by: Jennifer Craig • Musser Bros, Inc
Mls Name: PACMLS
Mls Provider:
Mls ID: #283241
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.