7702 W 21st 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 7702 W 21st Ave, Kennewick, WA, 99338 listed at $390,000 pairs $2,922/mo rent with a $1,909/mo payment to leave $278/mo cash flow. Total monthly income runs $2,922/mo, and annual cash flow reaches $3,330/yr on $129,285 cash to close. Return on cash invested measures 22.48% in year one, and rental yield registers 8.99% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 117.44% and total cumulative return in cash totals $151,832. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,922/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
8,712 sqft lot
$N/A/sqft
$300 monthly 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: Gayla Mettler • RE/MAX Horizon
Mls Name: PACMLS
Mls Provider:
Mls ID: #286187
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.