2220 Veneto StRichlandWA99354
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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 2220 Veneto St, Richland, WA, 99354 offers a 7.42% rental yield on a $490,000 purchase with $3,030/mo rent. Total monthly income registers $3,030/mo, and a $2,398/mo payment leaves $61/mo available for distribution. Annual cash flow reaches $734/yr on $162,435 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 105.11% and total cumulative return in cash at $170,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Sandy Tallman • The Lane Real Estate Team
Mls Name: PACMLS
Mls Provider:
Mls ID: #282746
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.