7092 W 31st PlKennewickWA99338
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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 Kennewick at 7092 W 31st Pl, Kennewick, WA, 99338 generates $2,856/mo in rent and, after a $2,100/mo payment, leaves $277/mo in cash flow. Total monthly income is $2,856/mo, and annual cash flow is $3,323/yr on $142,214 invested. Return on cash invested sits at 22.25% in year one, and rental yield is 7.99% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 115.12% and total cumulative return in cash sums $163,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,856/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
8,712 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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Listed by: Susan Richardson • HomeSmart Elite Brokers
Mls Name: PACMLS
Mls ID: #285844