3416 S Irby StKennewickWA99337
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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 3416 S Irby St, Kennewick, WA, 99337 offers a 7.43% rental yield on a $450,000 purchase with $2,786/mo rent. Total monthly income registers $2,786/mo, and a $2,203/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $966/yr on $149,175 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 106.09% and total cumulative return in cash at $158,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,786/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99337, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,773 (100%) |
| Owner Occupied HU | 10,330 (80.9%) |
| Renter Occupied HU | 2,031 (15.9%) |
| Vacant Housing Units | 412 ( 3.2%) |
| Median Home Value | $449,495 |
| Average Home Value | $477,667 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
11,956
Multi-Family
125
Businesses
152
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Listed by: Jed Morris • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls ID: #287741