17807 E 3rd LnSpokane ValleyWA99016
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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 17807 E 3rd Ln, Spokane Valley, WA, 99016 uses $142,379 cash to close to unlock $701/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $2,102/mo payment keeps the spread at $58/mo. Purchase price stands at $429,500, and rental yield measures 7.38% with $2,640/mo rent. Return on cash invested shows 20.4% in year one, and 5% annual appreciation builds toward $118,663 over five years. Five-year ROI reaches 105.25% and total cumulative return in cash records $149,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $2,102/mo payment rather than investor’s personal income.
Single Family
Built in 2026
6,969 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: Jared Urbick • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls ID: #202610983