87021 Summit View DrKennewickWA99338
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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 Kennewick at 87021 Summit View Dr, Kennewick, WA, 99338 generates $3,772/mo in rent, after a $3,426/mo payment. Total monthly income is $3,772/mo. Return on cash invested sits at 17.79% in year one, and rental yield is 6.47% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 91.22% and total cumulative return in cash sums $210,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,772/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.56 Acres lot
$N/A/sqft
No 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: Jodi Danna • Coldwell Banker Tomlinson
Mls Name: PACMLS
Mls ID: #286180