2528 Morris AveRichlandWA99352
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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 2528 Morris Ave, Richland, WA, 99352 earns $198/mo cash flow from $3,023/mo rent with a $2,300/mo payment. Total monthly income totals $3,023/mo, and annual cash flow totals $2,379/yr on $155,772 capital. ROI tracks 21.44% on current figures, and rental yield reads 7.72% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 110.82% and total cumulative return in cash sums $172,622. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,023/mo property income instead of your personal income.
Single Family
Built in 2020
6,392 sqft 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: Jennifer Schreiber • Coldwell Banker Tomlinson
Mls Name: PACMLS
Mls Provider:
Mls ID: #284422
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.