481 Clermont DriveRichlandWA99352
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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 481 Clermont Drive, Richland, WA, 99352 listed at $869,900 pairs $6,125/mo rent with a $4,258/mo payment to leave $896/mo cash flow. Total monthly income runs $6,125/mo, and annual cash flow reaches $10,747/yr on $286,197 cash to close. Return on cash invested measures 23.82% in year one, and rental yield registers 8.45% at a $869,900 basis. Equity gained on principal adds $5,613/yr, and annual property appreciation at 5% supports $240,337 by year five. Five-year ROI tracks 123.52% and total cumulative return in cash totals $353,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,125/mo property income relative to a $4,258/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
10,619 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
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Listed by: Angela Matheson • Windermere Grp One Tri-Cities
Mls Name: NWMLS
Mls ID: #2448462