5702 W 23rd AveKennewickWA99338
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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 Kennewick at 5702 W 23rd Ave, Kennewick, WA, 99338 offers a 8.58% rental yield on a $399,000 purchase with $2,854/mo rent. Total monthly income registers $2,854/mo, and a $1,953/mo payment leaves $455/mo available for distribution. Annual cash flow reaches $5,465/yr on $132,269 to close, and return on cash invested stands at 24.04% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 124.77% and total cumulative return in cash at $165,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,854/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99338, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,724 (100%) |
| Owner Occupied HU | 6,350 (82.2%) |
| Renter Occupied HU | 1,111 (14.4%) |
| Vacant Housing Units | 263 ( 3.4%) |
| Median Home Value | $584,005 |
| Average Home Value | $616,046 |
Housing Distribution
Address Breakdown
Residential
7,826
Single Family
7,260
Multi-Family
566
Businesses
203
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Listed by: Yolanda Garcia • Markel Properties
Mls Name: PACMLS
Mls ID: #287850