99 N Waverly Pl APT EKennewickWA99336
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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 99 N Waverly Pl APT E, Kennewick, WA, 99336 priced at $150,000 pairs $1,194/mo rent with $293/mo cash flow after a $734/mo payment. Total monthly income equals $1,194/mo, and annual cash flow comes to $3,510/yr on $49,725 invested. Return on cash invested is 26.97% in year one, and rental yield stands at 9.55% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 140.51% and total cumulative return in cash reaches $69,870. For financing, Ziffy Mortgage’s DSCR program evaluates $1,194/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99336, Kennewick, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 10,165 (49.2%) |
| Renter Occupied HU | 9,408 (45.5%) |
| Vacant Housing Units | 1,101 ( 5.3%) |
| Median Home Value | $372,120 |
| Average Home Value | $430,470 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
15,485
Multi-Family
4,405
Businesses
2,512
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Listed by: Eric Culverhouse • Retter and Company Sotheby's
Mls Name: PACMLS
Mls ID: #284092