Condo Investment Properties for Sale in Richland, WA

Richland, WA offers strong investment potential in condos, driven by demand from professionals at Pacific Northwest National Laboratory (PNNL) and steady job growth. Condo investors benefit from rental yields around 5-6% and cap rates of 4-5% amid a stable housing market. Appreciation holds at 1-2% yearly, supported by high median incomes over $86k. Renter occupancy exceeds 40%, fueled by the local tech and science economy. Low vacancy and federal investments make condos a reliable cash flow option.