6711 W 38th 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 6711 W 38th Ave, Kennewick, WA, 99338 listed at $371,300 pairs $2,347/mo rent with a $1,817/mo payment to leave $115/mo cash flow. Total monthly income runs $2,347/mo, and annual cash flow reaches $1,385/yr on $123,086 cash to close. Return on cash invested measures 21.03% in year one, and rental yield registers 7.59% at a $371,300 basis. Equity gained on principal adds $2,396/yr, and annual property appreciation at 5% supports $102,583 by year five. Five-year ROI tracks 108.65% and total cumulative return in cash totals $133,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,347/mo property income relative to a $1,817/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
4,792 sqft 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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