7341 W 24th AveKennewickWA99338
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
Investment Highlights
Investment property for sale in Kennewick at 7341 W 24th Ave, Kennewick, WA, 99338 uses $137,901 cash to close to unlock $2,586/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $2,752/mo, and a $2,036/mo payment keeps the spread at $215/mo. Purchase price stands at $415,990, and rental yield measures 7.94% with $2,752/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $114,930 over five years. Five-year ROI reaches 112.78% and total cumulative return in cash records $155,528. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,752/mo property income covering a $2,036/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$108 quarterly 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: Ashley Myers • New Home Star Washington LLC
Mls Name: PACMLS
Mls Provider:
Mls ID: #288688
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.