2258 Morency DrRichlandWA99352
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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 Richland at 2258 Morency Dr, Richland, WA, 99352 generates $4,181/mo in rent and, after a $3,059/mo payment, leaves $424/mo in cash flow. Total monthly income is $4,181/mo, and annual cash flow is $5,089/yr on $205,625 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 8.03% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 116.68% and total cumulative return in cash sums $239,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,181/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.26 Acres 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: Leah Mercer • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls ID: #287014