6824 W 27th 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 6824 W 27th Ave, Kennewick, WA, 99338 offers a 7.63% rental yield on a $460,000 purchase with $2,924/mo rent. Total monthly income registers $2,924/mo, and a $2,251/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,912/yr on $152,490 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 109.34% and total cumulative return in cash at $166,729. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,924/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.27 Acres 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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Listed by: Jed Morris • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls ID: #285893