3610 Morningisde PkwyRichlandWA99352
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
Investment Highlights
Investment property for sale in Richland at 3610 Morningisde Pkwy, Richland, WA, 99352 uses $185,852 cash to close to unlock $7,706/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $4,038/mo, and a $2,765/mo payment keeps the spread at $642/mo. Purchase price stands at $564,900, and rental yield measures 8.58% with $4,038/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $156,071 over five years. Five-year ROI reaches 125.64% and total cumulative return in cash records $233,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,038/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanesa Quiroz Sanchez • Century 21-Tri-Cities
Mls Name: PACMLS
Mls ID: #287889