12611 W 1st AveAirway HeightsWA99001
Nearby investment properties with comparable rents
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 Airway Heights at 12611 W 1st Ave, Airway Heights, WA, 99001 earns $72/mo cash flow from $2,086/mo rent with a $1,640/mo payment. Total monthly income totals $2,086/mo, and annual cash flow totals $863/yr on $111,053 capital. ROI tracks 20.69% on current figures, and rental yield reads 7.47% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 106.78% and total cumulative return in cash sums $118,580. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,086/mo property income instead of your personal income.
Single Family
Built in 2011
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Spencer Millsap • REAL Broker LLC
Mls Name: SMLS
Mls ID: #202611299