ZIP CODE 99301 // KENNEWICK-RICHLAND, WA // DATA AS OF 2026-09-30
Pasco, WA (99301) Rental Property Cap Rate & Cash Flow Report
Located in Franklin County (Pasco, WA), Zip Code 99301 ranks #272 of 500 within this selected sample (46th percentile) with a Zillow ZHVI typical home-value index of $416,411 (+0.4% YoY) and a ZORI observed market rent of $1,707/mo (-1.1% YoY). Requires at least 60.7% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,072/mo
Annual: -$12,859/yr
Modeled Cap Rate
2.98%
NOI: $12,408/yr
Cash-on-Cash Return
-13.43%
Cash Needed: $95,775
1% Rule Ratio
0.41%
Gross Yield: 4.92%
Break-Even Rent
$2,939/mo
State Tax: 0.80%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 99301 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (WA Avg 0.80%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,106/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$673/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (99301)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $364,594 | $1,357/mo | 4.47% |
| 2022 | $409,607 | $1,544/mo | 4.52% |
| 2023 | $411,809 | $1,613/mo | 4.70% |
| 2024 | $417,532 | $1,664/mo | 4.78% |
| 2025 | $414,925 | $1,726/mo | 4.99% |
| 2026 | $416,411 | $1,707/mo | 4.92% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 98682 Vancouver, WA | $491,615 | $1,698/mo | 2.31% | -$1,541/mo |
| 98012 Bothell, WA | $928,453 | $2,609/mo | 1.63% | -$3,431/mo |
| 98208 Everett, WA | $728,590 | $2,000/mo | 1.57% | -$2,733/mo |
| 98052 Redmond, WA | $1,255,271 | $2,563/mo | 0.83% | -$5,477/mo |
| 37128 Murfreesboro, TN | $441,238 | $1,701/mo | 2.97% | -$1,137/mo |
| 43081 Westerville, OH | $352,515 | $1,616/mo | 2.99% | -$905/mo |