3710 Canyon Lakes Dr UNIT E-103KennewickWA99337
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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 Kennewick at 3710 Canyon Lakes Dr UNIT E-103, Kennewick, WA, 99337 listed at $524,900 pairs $2,630/mo rent with a $2,569/mo payment. Total monthly income runs $2,630/mo. Return on cash invested measures 16.41% in year one, and rental yield registers 6.01% at a $524,900 basis. Equity gained on principal adds $3,387/yr, and annual property appreciation at 5% supports $145,020 by year five. Five-year ROI tracks 83.81% and total cumulative return in cash totals $144,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,630/mo property income relative to a $2,569/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
1,306 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: Andrea Mallonee • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls ID: #285195