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2917 W 19th Ave #22
B- Composite 69.26
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +5.0/15.0
  • Schools +4.6/10.0
  • Livability +3.9/5.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$95,000

2917 W 19th Ave #22 · Kennewick, WA 99336
2 bd · 2.0 ba · 1,008 sqft · Manufactured public records · 32 Days on market
Built 1979 $94/sqft · 5% above area Est $90k · 6% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

MLS# 291839 Fantastic Opportunity for this completely renovated manufactured home in Cherry Hill. Kitchen was remodeled with new base cabinets, quartz counters, new undermount sink and fixtures, plus new stainless steel appliances. Updates include brand new TPO (Cellular Membrane) 50yr warranty roof, all new plumbing throughout and new interior/exterior paint. All new flooring throughout bathrooms, kitchen and primary bedroom, plus re-finished real oak hardwood flooring in living and secondary bedrooms. New bathroom updates include vanities, fixtures, toilets, and lighting in both. Primary bedroom is large size with walk in closet and huge bathroom including soaker tub, dual vanities and backlit mirrors. This unit has an oversized Central Air, Heat and Cool system that was updated only 5-6 yrs ago. There are TWO sheds outside with the larger one at 12x12 size! There are also two decks, one at front and one at back for multi-use living. Enjoy the two gorgeous mature cherry trees that are in perfect bloom right now. The lot rent for this property is MUCH lower than most for an owner occupied mobile park (no renters allowed here) therefore it's highly sought after for affordable living in a VERY well-maintained community. Enjoy the community pool and clubhouse as well!

Key facts

  • New tpo roof
  • New plumbing
  • Remodeled kitchen

Tags

COMPLETELY RENOVATEDREMODELED KITCHENNEW STAINLESS STEEL APPLIANCESNEW TPO ROOFNEW PLUMBINGNEW INTERIOR PAINT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $95k.

Deal economics

  • At list price, monthly cash flow is $631 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $95k).
  • Recommended offer: $92k (3.0% below list) — sets the bar for market timing.
  • Cap rate 14.3% vs local median 3.3% in Kennewick — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 78/100 on livability (#131 in WA, #2,599 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: amenities D+, crime F.
  • Kennewick School District (urban): math 43% / reading 58% proficiency, ranked #141 of 291 in WA (top 48%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Southgate Elementary School (440 students, 67% FRL); Highlands Middle School (750 students, 84% FRL); Southridge High School (1,641 students, 55% FRL) — zoned schools average 68% FRL vs 48% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+3.4%/yr); 292 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 1,532 units permitted in Benton County in 2024 (389 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($63k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Benton County population projected at +32% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.4% rent growth), your $27k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 32 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
Recommended offer $92,150 (3.0% below list)

Questions for the listing agent

  1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.72%
Cap rate
14.26%
Cash-on-cash
28.45%
DSCR
2.27
GRM
4.9

CMA / ARV

ARV (median comp)
$89,917
List price
$95,000
Delta
5.65%
Verdict
FAIR
Comps
11 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2917 W 19th Ave #22 0.00mi 2/2.0 1,002 (-1%) 1mo $95,000 $95 98
2917 W 19th Ave #81 Ave #81 0.03mi 3/1.0 (+1) 1,085 (+8%) 12mo $90,000 $83 67
2917 W 19th Ave, #17 Ave #17 0.06mi 2/2.0 924 (-8%) 21mo $20,000 $22 66
3324 W 19th Ave #109 0.54mi 2/2.0 980 (-3%) 12mo $78,000 $80 60
3324 W 19th Ave #191 0.59mi 2/2.0 924 (-8%) 4mo $67,000 $73 56
3324 19th Ave #88 Ave #88 0.60mi 2/2.0 924 (-8%) 6mo $15,000 $16 53
3324 W 19th Ave #143 Ave #143 0.52mi 2/2.0 1,152 (+14%) 0mo $95,000 $82 51
3324 W 19th Ave #81 0.55mi 2/1.0 924 (-8%) 13mo $70,000 $76 46
3324 19th Ave. #57 Ave #57 0.66mi 3/2.0 (+1) 1,104 (+10%) 6mo $97,800 $89 43
3324 W 19th Ave #146 0.50mi 2/1.0 924 (-8%) 23mo $68,000 $74 40
3324 W 19th Ave #10 0.59mi 3/2.0 (+1) 1,152 (+14%) 9mo $99,900 $87 36
3324 W 19th Ave #45 0.60mi 2/1.0 896 (-11%) 20mo $71,000 $79 33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.39% rent growth · sell at horizon

5-year hold
IRR
23.2%
Equity multiple
1.96×
Total profit
$25,443
Equity at exit
$14,165
10-year hold
IRR
31.4%
Equity multiple
3.88×
Total profit
$76,636
Equity at exit
$8,214

Cash invested: $26,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Washington
28 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

ZIP-level market 99336

Rents YoY
3.4%
Active inventory
292
Price-to-rent
4.9×

Monthly cashflow live

Estimated rent
$1,629 high interval (Pro) →
Mortgage (P&I)
$498
Tax est. 1.5%
$119 /mo · $1,425/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$342
Net cashflow
$631

Break-even live

Break-even rent $831
Max offer price $95,000
Occupancy floor 56%

Sensitivity live

Price -10% $696 -5% $664 +0% $631 +5% $598 +10% $565
Rent -10% $502 -5% $566 +0% $631 +5% $695 +10% $759
Rate -1.0pp $679 -0.5pp $655 base $631 +0.5pp $606 +1.0pp $581

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$23,750
Closing costs
$2,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 39 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2652 W 15th Ave Kennewick, WA 2.0–3.0 2.0 1152 $1,599 $1.39 15d 5 0.52mi
1923 S Vancouver St Kennewick, WA 3.0 2.0 1200 $2,022 $1.69 15d 3 0.58mi
1915 S Neel St Kennewick, WA 3.0 2.0 1401 $3,000 $2.14 15d 1 0.58mi
3611 W 17th Pl Unit A Kennewick, WA 2.0 1.0 970 $1,495 $1.54 23d 1 0.63mi
1816 W 21st Ave Unit C Kennewick, WA 3.0 2.0 1120 $1,495 $1.33 15d 1 0.66mi
3613 W 16th Pl Unit B Kennewick, WA 2.0 1.5 1170 $1,295 $1.11 46d 1 0.66mi
1863 W 19th Ave Unit 1863-B240 Kennewick, WA 3.0 2.0 1200 $1,750 $1.46 23d 1 0.69mi
4112 W 24th Ave Kennewick, WA 1.0–2.0 1.0–2.0 681 $1,875 $2.75 23d 4 0.82mi
1163 S Underwood Pl #110 Kennewick, WA 3.0 2.5 1478 $2,395 $1.62 46d 1 0.88mi
1701 W 30th Ave Kennewick, WA 3.0 2.0 1500 $2,195 $1.46 15d 1 0.96mi
3113 W 7th Ave Unit D110 Kennewick, WA 2.0 2.5 1000 $1,750 $1.75 15d 1 1.01mi
3119 W 7th Ave Kennewick, WA 3.0 2.5 1500 $2,050 $1.37 15d 1 1.01mi
3119 W 7th Ave Unit C120 Kennewick, WA 3.0 2.5 1500 $2,050 $1.37 23d 1 1.01mi
3320 W 9th Ave Unit 30 Kennewick, WA 2.0 2.0 1200 $1,400 $1.17 46d 1 1.01mi
1608 W 14th Ave Unit 1614 Kennewick, WA 2.0 1.0 750 $995 $1.33 23d 1 1.02mi
3426 W 7th Ave Unit A130 Kennewick, WA 2.0 2.0 1000 $1,650 $1.65 46d 1 1.11mi
3426 W 7th Ave Kennewick, WA 2.0 2.0 1000 $1,600 $1.60 23d 1 1.11mi
513 S Anderson St Kennewick, WA 2.0 1.0 720 $1,495 $2.08 23d 1 1.12mi
500 S Conway Pl Unit 500 Kennewick, WA 2.0 1.0 950 $1,500 $1.58 46d 1 1.13mi
3887 W 7th Ave Unit B-230 Kennewick, WA 3.0 2.0 1262 $1,850 $1.47 23d 1 1.18mi
3708 W 6th Ave Unit B Kennewick, WA 2.0 1.0 918 $1,325 $1.44 46d 1 1.23mi
1110 S Newport St Unit 1110ne B Kennewick, WA 2.0 2.0 995 $1,300 $1.31 46d 1 1.26mi
455 S Morain St Kennewick, WA 2.0 1.0 775 $1,950 $2.52 46d 1 1.26mi
1702 W 7th Pl Unit B Kennewick, WA 2.0 1.0 950 $1,050 $1.11 46d 1 1.27mi
1618 W 7th Pl Unit A Kennewick, WA 2.0 1.0 920 $1,050 $1.14 46d 1 1.27mi
3120 W 4th Ave Kennewick, WA 2.0 1.0 963 $1,550 $1.61 15d 1 1.30mi
3120 W 4th Ave Unit 360 Kennewick, WA 2.0 1.0 963 $1,550 $1.61 46d 1 1.31mi
3120 W 4th Ave Apt 120 Kennewick, WA 2.0 1.0 963 $1,625 $1.69 15d 1 1.31mi
325 S Johnson St Kennewick, WA 2.0 1.5 1100 $1,495 $1.36 46d 1 1.33mi
400 S Morain St #7 Kennewick, WA 3.0 2.5 1100 $1,500 $1.36 23d 1 1.33mi
130 S Conway Pl Kennewick, WA 2.0 1.0 852 $1,299 $1.52 15d 1 1.35mi
1105 W 10th Ave Kennewick, WA 1.0–2.0 1.0 687 $1,306 $1.90 15d 8 1.37mi
1619 W 5th Ave Unit A Kennewick, WA 2.0 1.0 981 $1,450 $1.48 23d 1 1.37mi
721 S Union St Kennewick, WA 1.0 1.0 1200 $1,795 $1.50 46d 1 1.39mi
717 S Union St Kennewick, WA 3.0 1.0 1340 $1,895 $1.41 46d 1 1.41mi
119 S Conway Pl Kennewick, WA 2.0 1.0 711 $1,200 $1.69 23d 1 1.44mi
1114 W 10th Ave Kennewick, WA 3.0 1.0–2.0 829 $1,342 $1.62 15d 41 1.47mi
505 S Olympia St Unit 1326 K3 Kennewick, WA 3.0 1.0 945 $1,650 $1.75 23d 1 1.49mi
505 S Olympia St Apt H1 Kennewick, WA 3.0 1.0 890 $1,675 $1.88 46d 1 1.49mi

Listing history 2 events

  1. 2026-05-06
    status Pending 1287-char remark
    Show marketing remark (1287 chars)

    MLS# 291839 Fantastic Opportunity for this completely renovated manufactured home in Cherry Hill. Kitchen was remodeled with new base cabinets, quartz counters, new undermount sink and fixtures, plus new stainless steel appliances. Updates include brand new TPO (Cellular Membrane) 50yr warranty roof, all new plumbing throughout and new interior/exterior paint. All new flooring throughout bathrooms, kitchen and primary bedroom, plus re-finished real oak hardwood flooring in living and secondary bedrooms. New bathroom updates include vanities, fixtures, toilets, and lighting in both. Primary bedroom is large size with walk in closet and huge bathroom including soaker tub, dual vanities and backlit mirrors. This unit has an oversized Central Air, Heat and Cool system that was updated only 5-6 yrs ago. There are TWO sheds outside with the larger one at 12x12 size! There are also two decks, one at front and one at back for multi-use living. Enjoy the two gorgeous mature cherry trees that are in perfect bloom right now. The lot rent for this property is MUCH lower than most for an owner occupied mobile park (no renters allowed here) therefore it's highly sought after for affordable living in a VERY well-maintained community. Enjoy the community pool and clubhouse as well!

  2. 2026-04-03
    listed $95,000 Active 1287-char remark
    Show marketing remark (1287 chars)

    MLS# 291839 Fantastic Opportunity for this completely renovated manufactured home in Cherry Hill. Kitchen was remodeled with new base cabinets, quartz counters, new undermount sink and fixtures, plus new stainless steel appliances. Updates include brand new TPO (Cellular Membrane) 50yr warranty roof, all new plumbing throughout and new interior/exterior paint. All new flooring throughout bathrooms, kitchen and primary bedroom, plus re-finished real oak hardwood flooring in living and secondary bedrooms. New bathroom updates include vanities, fixtures, toilets, and lighting in both. Primary bedroom is large size with walk in closet and huge bathroom including soaker tub, dual vanities and backlit mirrors. This unit has an oversized Central Air, Heat and Cool system that was updated only 5-6 yrs ago. There are TWO sheds outside with the larger one at 12x12 size! There are also two decks, one at front and one at back for multi-use living. Enjoy the two gorgeous mature cherry trees that are in perfect bloom right now. The lot rent for this property is MUCH lower than most for an owner occupied mobile park (no renters allowed here) therefore it's highly sought after for affordable living in a VERY well-maintained community. Enjoy the community pool and clubhouse as well!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 8/10 Severe 14 unhealthy d/yr today · 15 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,553
− Mortgage interest
−$5,321
− Property taxes
−$1,425
− Insurance
−$475
− Repairs & maintenance
−$1,564
− Management
−$1,564
− Depreciation
−$2,764
Taxable income
$6,439
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,545
After-tax cash flow
$6,023/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Kennewick School District
NCES district ID
5303930
Math proficiency
43% ▼ -1.00%
Reading proficiency
58% ▬ 0.00%
Median HH income
$54,191
Composite
45.56/100
National rank
#5667
State rank
#141 of 291 in WA

Livability — Kennewick

Score
78/100
State rank
#131
US rank
#2599

Category grades

Amenities D+ Commute A+ Cost of living B- Crime F Employment B- Housing A+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Kennewick, WA
County
Benton County · 186,895 people
City population
104,655
Metro
Kennewick-Richland, WA
Population (ZIP)
50,735
Household income
$62,527
Rent vs Own
51.7% rent · 48.3% own
Severe rent burden
2605.0

Population outlook (Benton County) Hauer SSP2

Today (2025)
219,421 people
By 2030
233,813 · +6.6%
By 2040
262,134 · +19.5%
By 2050
290,100 · +32.2%
By 2075
363,525 · +65.7%
By 2100
418,667 · +90.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 55% Hispanic / Latino 37% Two or more races 15% Black 3% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 31% Cuban 2%
Common ancestry
Portuguese 4% Slovak 3% Romanian 1%
Foreign-born
16% · Canada, Jamaica
Languages at home
68% English-only · Spanish 29% Arabic 1%

Political lean MEDSL · Benton

2024 margin
Strong R (+21.9) · D 37.7% · R 59.6% · Other 2.7%
2008→2024 swing
+4.2pp toward D · 2008: -26.1pp · 2024: -21.9pp
All cycles
2024: R+21.9 2020: R+21.0 2016: R+26.6 2012: R+27.0 2008: R+26.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -408.26%
Current HPI
256.1143
Rent YoY
▲ 3.39%
Metro
Kennewick-Richland, WA
State GDP YoY
▲ 4.65%
F500 in state
22

Industry mix (Fortune 500 HQ in WA)

Industry F500 HQs Revenue

Price history

2 events — show timeline
  • 2026-05-06 Pending PACMLS
  • 2026-04-03 Listed $95,000 PACMLS

Property tax history

+2.6%/yr

Latest (2026): $121 · -5.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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