What is the rental yield in South Highlands, Kennewick, Washington?

The gross yield in South Highlands, Kennewick, Washington is 5.3%. Prices are 3% above the city median and 34% below the state median, while prices fell 2.5% over the past year.

How has home value changed in South Highlands, Kennewick, Washington?

Home values in South Highlands, Kennewick, Washington are down 2.5% over the past year. The neighborhood is priced 3% above the city median and 34% below the state median, with a gross yield of 5.3%.

How walkable is South Highlands, Kennewick, Washington?

South Highlands, Kennewick, Washington has walkability of 58. It also has education in the 40th percentile and a Red Flag score of 65, so the profile is midrange on access and moderate on risk.

How does South Highlands, Kennewick, Washington compare to Kennewick?

Compared with Kennewick, South Highlands, Kennewick, Washington is priced about 3% above the city median and has a gross yield of 5.3%. Prices fell 2.5% over the past year, with walkability of 58 and education in the 40th percentile.

Neighborhood

South Highlands

Kennewick, Washington US

South Highlands, Kennewick, Washington has a balanced but cautious investment profile, with prices 3% above the city median and 34% below the state median, and a gross yield of 5.3%. Prices declined 2.5% over the past year, while the Red Flag score of 65 indicates moderate overall risk. Walkability is 58 and education is in the 40th percentile, so the main strength is the mixed price positioning, while the main caution is the recent price softness.

AI Summary•Updated May 2026

Area

1.99 mi²

ZIP Code

99337

County

Benton County

State

Washington

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$444,868

YoY-2.5%

Gross Rental Yield

5.3%

Listed rent · ZORI annualized

Red Flag Index

High

65 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

40 / 100

Fair · better than 40% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

South Highlands Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for South Highlands, Kennewick.

Unlock the South Highlands 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$444,868	-2.5%
Price / Sq Ft (Verified)	$231/sqft	-0.2%
Asking Rent (Median)	$1,981/mo	—
Gross Rental Yield	5.3%	—
Liquidity Score	29 / 100	Low
Homes Sold (Period)	81	-28.9%

Is South Highlands Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Washington crime context.

Red Flag Breakdown

65 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Heat100Very High

Flood80Very High

Strong Wind60High

Wildfire40Moderate

Hail40Moderate

Tornado20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Washington averaged 27.9 crimes and 3.3 violent per 1,000 residents (-13.0% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 5.3%

Active transaction volume — 81 homes sold last period

Earthquake risk is Very High (100/100)

Heat risk is Very High (100/100)

Insights are generated from South Highlands's live DistrictScore metrics.

South Highlands Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Washington-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

9.3 µg/m³ Above EPA annual standard+13.5% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the South Highlands centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 99% of U.S. neighborhoods.

Washington Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	27.9	3.3	-13.0%
2023	32.5	3.6	-12.5%
2022	37.5	3.8	+11.9%
2021	33.7	3.4	+12.1%
2020	30.3	2.9	+0.9%
2019	30.3	3.0	—

Reported at the state level — the finest official US crime aggregation; South Highlands inherits the Washington figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · South Highlands

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in South Highlands

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

58

Somewhat Walkable

Walkability Score

11

Grocery

22

Dining

3

Schools

1

Universities

2

Hospitals

1

Pharmacies

13

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within South Highlands's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

South Highlands vs Kennewick vs Washington

How South Highlands benchmarks against its city and state medians.

Benchmark vs City & State

Across South Highlands, the median sale price sits about 3% above the median for Kennewick neighborhoods and about 34% below the statewide median. Gross rental yield is 5.3%, against 5.2% for Kennewick neighborhoods and 4.0% statewide. Over the past 12 months, prices fell 2.5%. Transaction liquidity sits below the median for Kennewick neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
South Highlands	$231/sqft	5.3%	29
Kennewick	$225/sqft	5.2%	36
Washington	$352/sqft	4.0%	32

Unlock the South Highlands benchmark

Compare South Highlands against Kennewick and Washington medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Washington tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.74% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No general income tax; the 7% capital gains tax exempts real estate.

Transfer Tax

Real estate transfer tax: REET graduated 1.1-3% (mansion-style).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

Statewide rent control caps rent increases (HB 1217; 9.683% max for 2026); transfer tax is mansion-style.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Washington property-tax guidance for foreign buyers

Latest Kennewick Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

South Highlands Real Estate FAQ

South Highlands, Kennewick, Washington has a gross yield of 5.3% and prices 3% above the city median but 34% below the state median. Prices declined 2.5% over the past year, and the Red Flag score is 65, indicating moderate overall risk.

Neighborhoods near South Highlands

Compare South Highlands with nearby neighborhoods in Kennewick.

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