1129 E Gallium LnColbertWA99005
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Nearby investment properties with comparable prices
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 Colbert at 1129 E Gallium Ln, Colbert, WA, 99005 offers a 7.28% rental yield on a $450,000 purchase with $2,730/mo rent. Total monthly income registers $2,730/mo, and a $2,203/mo payment leaves $25/mo available for distribution. Annual cash flow reaches $294/yr on $149,175 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 103.68% and total cumulative return in cash at $154,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,730/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99005, Colbert, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 3,414 (91.9%) |
| Renter Occupied HU | 228 ( 6.1%) |
| Vacant Housing Units | 72 ( 1.9%) |
| Median Home Value | $622,276 |
| Average Home Value | $660,747 |
Housing Distribution
Address Breakdown
Residential
3,550
Single Family
3,370
Multi-Family
180
Businesses
97
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Listed by: Shannon Dayton • John L Scott, Spokane Valley
Mls Name: SMLS
Mls ID: #202527080