87106 N Harrington RdRichlandWA99353
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5% gross rental yield, 87106 N Harrington Rd, Richland, WA, 99353 in Richland is priced for capital growth, not immediate cash flow. The $589,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $162,978 by year five, with $5,433/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.93) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $153,148.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.8% |
| Monthly Cash Flow | $(1,089) | $1,250 |
City averages based on Richland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,457 |
| Total Monthly Debt Service | $3,311 |
| DSCR Ratio | 0.74x |
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.
Single Family
Built in 1980
2.53 Acres lot
$N/A/sqft
No 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
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
Single Family
Built in 1980
2.53 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Shinabarger • HomeSmart Elite Brokers
Mls Name: PACMLS
Mls Provider:
Mls ID: #285168
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.