16 S Arties LnSpokane ValleyWA99016
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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 Spokane Valley at 16 S Arties Ln, Spokane Valley, WA, 99016 earns $287/mo cash flow from $2,630/mo rent with a $1,908/mo payment. Total monthly income totals $2,630/mo, and annual cash flow totals $3,439/yr on $129,252 capital. ROI tracks 22.57% on current figures, and rental yield reads 8.09% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 116.88% and total cumulative return in cash sums $151,069. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,630/mo property income instead of your personal income.
Single Family
Built in 2005
7,405 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: Zach Wimberly • Avalon 24 Real Estate
Mls Name: SMLS
Mls ID: #202527629