11114 E Valleyway AveSpokaneWA99206
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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
Investment property for sale in Spokane at 11114 E Valleyway Ave, Spokane, WA, 99206 uses $84,533 cash to close to unlock $5,919/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $2,026/mo, and a $1,248/mo payment keeps the spread at $493/mo. Purchase price stands at $255,000, and rental yield measures 9.53% with $2,026/mo rent. Return on cash invested shows 26.91% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 140.19% and total cumulative return in cash records $118,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,026/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99206, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,686 (100%) |
| Owner Occupied HU | 9,994 (59.9%) |
| Renter Occupied HU | 6,076 (36.4%) |
| Vacant Housing Units | 616 ( 3.7%) |
| Median Home Value | $454,247 |
| Average Home Value | $495,755 |
Housing Distribution
Address Breakdown
Residential
16,396
Single Family
13,592
Multi-Family
2,804
Businesses
1,164
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Listed by: Leah Feighner • EXIT Real Estate Professionals
Mls Name: SMLS
Mls ID: #202523707