12505 4th AveAirway HeightsWA99001
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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 Airway Heights at 12505 4th Ave, Airway Heights, WA, 99001 uses $117,683 cash to close to unlock $3,996/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $2,500/mo, and a $1,738/mo payment keeps the spread at $333/mo. Purchase price stands at $355,000, and rental yield measures 8.45% with $2,500/mo rent. Return on cash invested shows 23.3% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 120.99% and total cumulative return in cash records $142,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2007
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99001, Airway Heights, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,170 (100%) |
| Owner Occupied HU | 1,219 (38.5%) |
| Renter Occupied HU | 1,821 (57.4%) |
| Vacant Housing Units | 130 ( 4.1%) |
| Median Home Value | $381,641 |
| Average Home Value | $355,072 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,779
Multi-Family
73
Businesses
268
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Listed by: Gary Williams • Keller Williams Spokane - Main
Mls Name: SMLS
Mls Provider:
Mls ID: #202521898
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.