803 W 23rd PlKennewickWA99337
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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 803 W 23rd Pl, Kennewick, WA, 99337 uses $132,434 cash to close to unlock $4,223/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $2,753/mo, and a $1,955/mo payment keeps the spread at $352/mo. Purchase price stands at $399,500, and rental yield measures 8.27% with $2,753/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 119.69% and total cumulative return in cash records $158,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,753/mo property income covering a $1,955/mo payment rather than investor’s personal income.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99337, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,773 (100%) |
| Owner Occupied HU | 10,330 (80.9%) |
| Renter Occupied HU | 2,031 (15.9%) |
| Vacant Housing Units | 412 ( 3.2%) |
| Median Home Value | $449,495 |
| Average Home Value | $477,667 |
Housing Distribution
Address Breakdown
Residential
12,081
Single Family
11,956
Multi-Family
125
Businesses
152
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Listed by: Annastasia Batsell • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls ID: #289130