7037 W 35th AveKennewickWA99338
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 7037 W 35th Ave, Kennewick, WA, 99338 in Kennewick, $639,900, 7.5% gross yield, $137/mo net income. Consider it a market-entry position, the $2,855/mo rent covers the $2,877/mo payment with a margin, and 5%/yr appreciation is projected to add $176,793 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 0.99) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $178,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.8% |
| Monthly Cash Flow | $137 | $285 |
City averages based on Kennewick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,855 |
| Total Monthly Debt Service | $3,592 |
| DSCR Ratio | 0.79x |
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.
Single Family
Built in 2023
0.25 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
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
Single Family
Built in 2023
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Graff • Century 21-Tri-Cities
Mls Name: PACMLS
Mls ID: #284060