4721 Forsythia StreetWest RichlandWA99353
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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 West Richland at 4721 Forsythia Street, West Richland, WA, 99353 uses $122,655 cash to close to unlock $2,854/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,811/mo payment keeps the spread at $238/mo. Purchase price stands at $370,000, and rental yield measures 7.98% with $2,462/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 115.08% and total cumulative return in cash records $141,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,811/mo payment rather than investor’s personal income.
Single Family
Built in 1994
7,235 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99353, West Richland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,052 (100%) |
| Owner Occupied HU | 5,987 (84.9%) |
| Renter Occupied HU | 871 (12.4%) |
| Vacant Housing Units | 194 ( 2.8%) |
| Median Home Value | $520,300 |
| Average Home Value | $539,443 |
Housing Distribution
Address Breakdown
Residential
6,891
Single Family
6,697
Multi-Family
194
Businesses
259
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Listed by: Gavin E Vargas • Windermere Grp One Tri-Cities
Mls Name: NWMLS
Mls ID: #2463463