508 S Fillmore StKennewickWA99336
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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
Rental property for sale in Kennewick at 508 S Fillmore St, Kennewick, WA, 99336 generates $2,716/mo in rent and, after a $1,738/mo payment, leaves $582/mo in cash flow. Total monthly income is $2,716/mo, and annual cash flow is $6,979/yr on $117,683 invested. Return on cash invested sits at 25.84% in year one, and rental yield is 9.18% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 134.42% and total cumulative return in cash sums $158,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,716/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
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Listed by: Robert Sheedy • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2438180