2462 Mullet Ct,Richland,WA,99354

Investment Highlights

Investment property for sale in Richland at 2462 Mullet Ct, Richland, WA, 99354 offers a 8.38% rental yield on a $315,007 purchase with $2,200/mo rent. Total monthly income registers $2,200/mo, and a $1,542/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,675/yr on $104,425 to close, and return on cash invested stands at 23.43% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,031 over five years. Portfolio math shows five-year ROI at 121.52% and total cumulative return in cash at $126,895. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,200/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.