1714 S South Progress RdSpokane ValleyWA99037
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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 Valley at 1714 S South Progress Rd, Spokane Valley, WA, 99037 with 5% annual appreciation on a $719,000 basis while $3,300/mo rent supports operations. 88% in year one. Equity gained on principal adds $4,640/yr, and five-year appreciation sums $198,646 alongside rental yield of 5.51%. Five-year ROI measures 75.6% and total cumulative return in cash totals $178,829. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,300/mo property income versus a $3,519/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.39 Acres 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: John Guarisco • Windermere Valley
Mls Name: SMLS
Mls Provider:
Mls ID: #202516022
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.