630 Meadows Dr ERichlandWA99352
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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
Rental property for sale in Richland at 630 Meadows Dr E, Richland, WA, 99352 priced at $465,000 converts $2,408/mo rent into after a $2,276/mo obligation. Total monthly income equals $2,408/mo. Return on cash invested prints 16.89% in year one, and rental yield reads 6.21% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 86.44% and total cumulative return in cash sums $133,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,408/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 1990
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99352, Richland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,894 (100%) |
| Owner Occupied HU | 11,107 (65.7%) |
| Renter Occupied HU | 5,094 (30.2%) |
| Vacant Housing Units | 693 ( 4.1%) |
| Median Home Value | $503,035 |
| Average Home Value | $545,350 |
Housing Distribution
Address Breakdown
Residential
16,134
Single Family
13,792
Multi-Family
2,342
Businesses
1,417
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Listed by: Miguel Miranda • EXP Realty, LLC Tri Cities
Mls Name: PACMLS
Mls ID: #286692