524 N Riverside Dr WWest RichlandWA99353
Nearby investment properties with comparable rents
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
Rental property for sale in West Richland at 524 N Riverside Dr W, West Richland, WA, 99353 priced at $297,000 pairs $2,640/mo rent with $854/mo cash flow after a $1,454/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $10,252/yr on $98,456 invested. Return on cash invested is 30.32% in year one, and rental yield stands at 10.67% on a $297,000 basis. Equity gained on principal adds $1,916/yr, and 5% annual appreciation accumulates to $82,056 by year five. Five-year ROI measures 158.47% and total cumulative return in cash reaches $156,018. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,454/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.67 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terra Collins • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls ID: #289674