8 E 1st AveKennewickWA99336
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 8 E 1st Ave, Kennewick, WA, 99336 in Kennewick at $580,000, 4.04% gross yield, is a market-growth asset. Rental yield 4.04%. The $1,955/mo rent partially funds the $2,608/mo debt service; the core return is the 5%/yr price growth projected to add $160,243 over five years. Ziffy Mortgage's DSCR mortgage (0.75) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $120,953.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 5.8% |
| Monthly Cash Flow | $(1,532) | $285 |
City averages based on Kennewick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,955 |
| Total Monthly Debt Service | $3,256 |
| DSCR Ratio | 0.60x |
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.
Multi Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
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
Multi Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terry Parrish • Parrish Real Estate and Property Managment
Mls Name: PACMLS
Mls Provider:
Mls ID: #282606
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.