12615 E 12th AveSpokane ValleyWA99216
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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 Valley at 12615 E 12th Ave, Spokane Valley, WA, 99216 uses $165,750 cash to close to unlock $308/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $3,031/mo, and a $2,447/mo payment keeps the spread at $26/mo. Purchase price stands at $500,000, and rental yield measures 7.27% with $3,031/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 103.61% and total cumulative return in cash records $171,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,031/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99216, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,047 (100%) |
| Owner Occupied HU | 6,611 (47.1%) |
| Renter Occupied HU | 6,698 (47.7%) |
| Vacant Housing Units | 738 ( 5.3%) |
| Median Home Value | $429,870 |
| Average Home Value | $486,616 |
Housing Distribution
Address Breakdown
Residential
12,992
Single Family
8,075
Multi-Family
4,917
Businesses
1,059
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Listed by: Cambria Henry • Haven Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202515224
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.