312 S Columbia Center Blvd UNIT 74KennewickWA99336
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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 Kennewick at 312 S Columbia Center Blvd UNIT 74, Kennewick, WA, 99336 offers a 17.68% rental yield on a $115,000 purchase with $1,694/mo rent. Total monthly income registers $1,694/mo, and a $563/mo payment leaves $1,003/mo available for distribution. Annual cash flow reaches $12,031/yr on $38,123 to close, and return on cash invested stands at 51.47% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 271.9% and total cumulative return in cash at $103,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,694/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
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Listed by: Christeen Weitz • River Realty Inc
Mls Name: PACMLS
Mls ID: #286097