560 Spengler St,Richland,WA,99354

Investment Highlights

Investment property for sale in Richland at 560 Spengler St, Richland, WA, 99354 listed at $209,000 pairs $1,501/mo rent with a $1,023/mo payment to leave $245/mo cash flow. Total monthly income runs $1,501/mo, and annual cash flow reaches $2,935/yr on $69,284 cash to close. Return on cash invested measures 24.15% in year one, and rental yield registers 8.62% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Five-year ROI tracks 125.35% and total cumulative return in cash totals $86,846. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,501/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).