5830 Gray StWest RichlandWA99353
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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 West Richland at 5830 Gray St, West Richland, WA, 99353 offers a 7.55% rental yield on a $389,000 purchase with $2,449/mo rent. Total monthly income registers $2,449/mo, and a $1,904/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,327/yr on $128,954 to close, and return on cash invested stands at 20.94% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 108.13% and total cumulative return in cash at $139,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,449/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.30 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
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Listed by: Kristen Edwards • EXP Realty, LLC Tri Cities
Mls Name: PACMLS
Mls ID: #287899