2815 Riverbend DrRichlandWA99353
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $529,900, 2815 Riverbend Dr, Richland, WA, 99353 in Richland generates $3,337/mo in rent (7.56% yield) but nets only $152/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.40) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $146,402. Total projected return: $210,305.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.8% |
| Monthly Cash Flow | $152 | $1,250 |
City averages based on Richland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,337 |
| Total Monthly Debt Service | $2,974 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99353, West Richland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,052 (100%) |
| Owner Occupied HU | 5,987 (84.9%) |
| Renter Occupied HU | 871 (12.4%) |
| Vacant Housing Units | 194 ( 2.8%) |
| Median Home Value | $520,300 |
| Average Home Value | $539,443 |
Housing Distribution
Address Breakdown
Residential
6,891
Single Family
6,697
Multi-Family
194
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2010
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99353, West Richland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,052 (100%) |
| Owner Occupied HU | 5,987 (84.9%) |
| Renter Occupied HU | 871 (12.4%) |
| Vacant Housing Units | 194 ( 2.8%) |
| Median Home Value | $520,300 |
| Average Home Value | $539,443 |
Housing Distribution
Address Breakdown
Residential
6,891
Single Family
6,697
Multi-Family
194
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Cook • Markel Properties
Mls Name: PACMLS
Mls ID: #290509