8383 Lennox StWest RichlandWA99353
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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 West Richland at 8383 Lennox St, West Richland, WA, 99353 listed at $499,998 pairs $2,286/mo rent with a $2,447/mo payment. Total monthly income runs $2,286/mo. Return on cash invested measures 14.16% in year one, and rental yield registers 5.49% at a $499,998 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,140 by year five. Five-year ROI tracks 72% and total cumulative return in cash totals $119,347. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,286/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
7,841 sqft lot
$N/A/sqft
$406 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99353, West Richland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,052 (100%) |
| Owner Occupied HU | 5,987 (84.9%) |
| Renter Occupied HU | 871 (12.4%) |
| Vacant Housing Units | 194 ( 2.8%) |
| Median Home Value | $520,300 |
| Average Home Value | $539,443 |
Housing Distribution
Address Breakdown
Residential
6,891
Single Family
6,697
Multi-Family
194
Businesses
259
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Listed by: Jason Phipps • RE/MAX Northwest REALTORS
Mls Name: PACMLS
Mls Provider:
Mls ID: #283242
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.