16520 N Cincinnati CtSpokaneWA99208
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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 at 16520 N Cincinnati Ct, Spokane, WA, 99208 listed at $639,000 pairs $3,912/mo rent with a $3,128/mo payment to leave $70/mo cash flow. Total monthly income runs $3,912/mo, and annual cash flow reaches $845/yr on $210,231 cash to close. Return on cash invested measures 20.46% in year one, and rental yield registers 7.35% at a $639,000 basis. Equity gained on principal adds $4,123/yr, and annual property appreciation at 5% supports $176,544 by year five. Five-year ROI tracks 105.55% and total cumulative return in cash totals $221,896. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,912/mo property income relative to a $3,128/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99208, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,730 (100%) |
| Owner Occupied HU | 16,287 (65.9%) |
| Renter Occupied HU | 7,535 (30.5%) |
| Vacant Housing Units | 908 ( 3.7%) |
| Median Home Value | $496,695 |
| Average Home Value | $537,982 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
18,840
Multi-Family
5,292
Businesses
584
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Listed by: Hal Greene • Windermere North
Mls Name: SMLS
Mls ID: #202523650