8620 W Richardson RoadPascoWA99301
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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
Rental property for sale in Pasco at 8620 W Richardson Road, Pasco, WA, 99301 priced at $1,165,000 pairs $4,483/mo rent with after a $5,702/mo payment. Total monthly income equals $4,483/mo. Return on cash invested is 12.36% in year one, and rental yield stands at 4.62% on a $1,165,000 basis. Equity gained on principal adds $7,518/yr, and 5% annual appreciation accumulates to $321,868 by year five. Five-year ROI measures 62.02% and total cumulative return in cash reaches $234,111. For financing, Ziffy Mortgage’s DSCR program evaluates $4,483/mo property income against a $5,702/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99301, Pasco, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,378 (100%) |
| Owner Occupied HU | 20,191 (68.7%) |
| Renter Occupied HU | 8,247 (28.1%) |
| Vacant Housing Units | 940 ( 3.2%) |
| Median Home Value | $383,669 |
| Average Home Value | $429,423 |
Housing Distribution
Address Breakdown
Residential
27,783
Single Family
26,953
Multi-Family
830
Businesses
1,621
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Listed by: Andrea Lynn Gathwright • Century 21 Tri-Cities
Mls Name: NWMLS
Mls ID: #2446001