577 S Quillan Pl #PKennewickWA99337
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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 577 S Quillan Pl #P, Kennewick, WA, 99337 with 5% annual appreciation on a $360,000 basis while $2,274/mo rent supports operations. Total monthly income totals $2,274/mo and a $1,762/mo payment preserves $110/mo for cash returns. Annual cash flow comes to $1,320/yr on $119,340 deployed, and return on cash invested reaches 21.02% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 7.58%. Five-year ROI measures 108.52% and total cumulative return in cash totals $129,513.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,274/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2021
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99337, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,773 (100%) |
| Owner Occupied HU | 10,330 (80.9%) |
| Renter Occupied HU | 2,031 (15.9%) |
| Vacant Housing Units | 412 ( 3.2%) |
| Median Home Value | $449,495 |
| Average Home Value | $477,667 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
11,956
Multi-Family
125
Businesses
152
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Listed by: Kekoa Nery • Keller Williams Realty Tri-Cities
Mls Name: PACMLS
Mls ID: #286155