








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,220/mo, and a $2,388/mo payment. Purchase price stands at $487,990, and rental yield measures 5.46% with $2,220/mo rent. Return on cash invested shows 14.3% in year one, and 5% annual appreciation builds toward $134,823 over five years. Five-year ROI reaches 72.64% and total cumulative return in cash records $117,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $2,388/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$525 annually HOA
Neighborhood data shown for ZIP Code: 99216, Spokane, WA area.
| 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 |
Residential
12,992
Single Family
8,075
Multi-Family
4,917
Businesses
1,059
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $487,990 |
| 2025-04-01 | Listing removed | $487,990 |
| 2025-02-19 | Listed for sale | $487,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michelle Grady • New Home Star Washington, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202514594
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.