560 Spengler St UNIT L,Richland,WA,99354

Investment Highlights

Rental property for sale in Richland at 560 Spengler St UNIT L, Richland, WA, 99354 priced at $265,000 converts $2,084/mo rent into $491/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,084/mo, and annual cash flow totals $5,893/yr on $87,848 invested. Return on cash invested prints 26.62% in year one, and rental yield reads 9.44% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 138.63% and total cumulative return in cash sums $121,779. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,084/mo property income covering a $1,297/mo payment, not borrower’s personal income.