3318 Nottingham 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 3318 Nottingham Dr, Richland, WA, 99352 priced at $598,000 pairs $2,764/mo rent with after a $2,927/mo payment. Total monthly income equals $2,764/mo. Return on cash invested is 14.99% in year one, and rental yield stands at 5.55% on a $598,000 basis. Equity gained on principal adds $3,859/yr, and 5% annual appreciation accumulates to $165,216 by year five. Five-year ROI measures 76.23% and total cumulative return in cash reaches $149,972. For financing, Ziffy Mortgage’s DSCR program evaluates $2,764/mo property income against a $2,927/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.25 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: Angela Matheson • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls Provider:
Mls ID: #283814
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.