17221 N Little Spokane DrColbertWA99005
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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
Total monthly income runs $2,750/mo, and a $3,475/mo payment. Purchase price stands at $710,000, and rental yield measures 4.65% with $2,750/mo rent. Return on cash invested shows 12.26% in year one, and 5% annual appreciation builds toward $196,160 over five years. Five-year ROI reaches 61.58% and total cumulative return in cash records $143,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,750/mo property income covering a $3,475/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99005, Colbert, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 3,414 (91.9%) |
| Renter Occupied HU | 228 ( 6.1%) |
| Vacant Housing Units | 72 ( 1.9%) |
| Median Home Value | $622,276 |
| Average Home Value | $660,747 |
Housing Distribution
Address Breakdown
Residential
3,550
Single Family
3,370
Multi-Family
180
Businesses
97
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Listed by: Bobbi Fowler Greenland • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls ID: #202520122