93 Ridgecliff DrRichlandWA99352
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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 Richland at 93 Ridgecliff Dr, Richland, WA, 99352 priced at $199,900 converts $1,501/mo rent into $300/mo cash flow after a $978/mo obligation. Total monthly income equals $1,501/mo, and annual cash flow totals $3,597/yr on $66,267 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.01% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 131.72% and total cumulative return in cash sums $87,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,501/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99352, Richland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,894 (100%) |
| Owner Occupied HU | 11,107 (65.7%) |
| Renter Occupied HU | 5,094 (30.2%) |
| Vacant Housing Units | 693 ( 4.1%) |
| Median Home Value | $503,035 |
| Average Home Value | $545,350 |
Housing Distribution
Address Breakdown
Residential
16,134
Single Family
13,792
Multi-Family
2,342
Businesses
1,417
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Listed by: Angela Matheson • Windermere Group One/Tri-Cities
Mls Name: PACMLS
Mls Provider:
Mls ID: #286873
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.