332 Falconridge StRichlandWA99352
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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 332 Falconridge St, Richland, WA, 99352 with 5% annual appreciation on a $760,000 basis while $3,094/mo rent supports operations. 91% in year one. Equity gained on principal adds $4,904/yr, and five-year appreciation sums $209,974 alongside rental yield of 4.89%. Five-year ROI measures 65.07% and total cumulative return in cash totals $162,709. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,094/mo property income versus a $3,720/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.33 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: Cassandra Smith • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls Provider:
Mls ID: #285606
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.