5002 Spirea DrWest 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 5002 Spirea Dr, West Richland, WA, 99353 offers a 7.47% rental yield on a $446,888 purchase with $2,783/mo rent. Total monthly income registers $2,783/mo, and a $2,187/mo payment leaves $97/mo available for distribution. Annual cash flow reaches $1,164/yr on $148,143 to close, and return on cash invested stands at 20.69% in year one. Equity gained on principal adds $2,884/yr while 5% annual appreciation supports $123,467 over five years. Portfolio math shows five-year ROI at 106.81% and total cumulative return in cash at $158,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,783/mo property income against a $2,187/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.31 Acres 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: Joseph Foster • Desert Hills Realty Inc
Mls Name: PACMLS
Mls ID: #286931