656 S Zeelar StKennewickWA99336
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 656 S Zeelar St, Kennewick, WA, 99336 in Kennewick fits: $360,995, 5.96% gross yield, and a projected 5% annual appreciation rate adding $99,736 in value within five years. Rental yield 5.96%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.11) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,325/yr in principal paydown and $99,736 in appreciation project a total return of $110,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 5.8% |
| Monthly Cash Flow | $(405) | $285 |
City averages based on Kennewick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,794 |
| Total Monthly Debt Service | $2,055 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
3,484 sqft lot
$N/A/sqft
$29 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2025
3,484 sqft lot
$N/A/sqft
$29 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Myers • DR Horton
Mls Name: PACMLS
Mls Provider:
Mls ID: #283987
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.