14 N Drummond StSpokane ValleyWA99016
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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 14 N Drummond St, Spokane Valley, WA, 99016 at $537,857 posts ROI 18.08% with from $2,941/mo rent. Total monthly income equals $2,941/mo. Return on cash invested measures 18.08% and rental yield reads 6.56% at the current $537,857. Equity gained on principal adds $3,471/yr, and 5% annual appreciation supports $148,600 by year five. Five-year ROI prints 92.76% and total cumulative return in cash totals $164,137. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,941/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99016, Greenacres, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,721 (100%) |
| Owner Occupied HU | 5,432 (70.4%) |
| Renter Occupied HU | 2,001 (25.9%) |
| Vacant Housing Units | 288 ( 3.7%) |
| Median Home Value | $540,005 |
| Average Home Value | $599,307 |
Housing Distribution
Address Breakdown
Residential
8,112
Single Family
7,895
Multi-Family
217
Businesses
233
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Listed by: Mike Green • Coldwell Banker Schneidmiller Realty
Mls Name: SMLS
Mls ID: #202519086