14302 E Robert AveMicaWA99023
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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 Mica at 14302 E Robert Ave, Mica, WA, 99023 offers a 0% rental yield on a $249,899 purchase with $0/mo rent. 85% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,042 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99023, Mica, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 218 (89.0%) |
| Renter Occupied HU | 22 ( 9.0%) |
| Vacant Housing Units | 5 ( 2.0%) |
| Median Home Value | $725,694 |
| Average Home Value | $767,523 |
Housing Distribution
Address Breakdown
Residential
233
Single Family
233
Multi-Family
0
Businesses
0
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Listed by: Lee Arnold • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202527038