16385 E 30th LnSpokane ValleyWA99037
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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 16385 E 30th Ln, Spokane Valley, WA, 99037 uses $174,173 cash to close to unlock $1,414/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $3,300/mo, and a $2,591/mo payment keeps the spread at $118/mo. Purchase price stands at $529,400, and rental yield measures 7.48% with $3,300/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $146,263 over five years. Five-year ROI reaches 107.73% and total cumulative return in cash records $187,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,300/mo property income covering a $2,591/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99037, Veradale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,321 (100%) |
| Owner Occupied HU | 4,125 (56.3%) |
| Renter Occupied HU | 2,982 (40.7%) |
| Vacant Housing Units | 214 ( 2.9%) |
| Median Home Value | $526,688 |
| Average Home Value | $563,407 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
5,618
Multi-Family
1,296
Businesses
565
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Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A