11515 E Heglar RdMeadWA99021
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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 Mead at 11515 E Heglar Rd, Mead, WA, 99021 earns from $2,525/mo rent with a $8,810/mo payment. Total monthly income totals $2,525/mo. ROI tracks 3.3% on current figures, and rental yield reads 1.68% at a $1,800,000 purchase. Equity gained on principal adds $11,615/yr, and 5% annual appreciation supports $497,307 over five years. Five-year ROI reaches 13.44% and total cumulative return in cash sums $78,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,525/mo property income instead of your personal income.
Manufactured
Built in 1994
58.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99021, Mead, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,826 (100%) |
| Owner Occupied HU | 3,359 (87.8%) |
| Renter Occupied HU | 340 ( 8.9%) |
| Vacant Housing Units | 127 ( 3.3%) |
| Median Home Value | $488,581 |
| Average Home Value | $563,364 |
Housing Distribution
Address Breakdown
Residential
3,526
Single Family
3,526
Multi-Family
0
Businesses
249
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Listed by: Kathy Bonnett • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls Provider:
Mls ID: #202517629
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.