18722 E Riverside CtSpokane ValleyWA99016
Nearby investment properties with comparable rents
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 18722 E Riverside Ct, Spokane Valley, WA, 99016 earns $218/mo cash flow from $2,640/mo rent with a $1,972/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $2,618/yr on $133,546 capital. ROI tracks 21.87% on current figures, and rental yield reads 7.86% at a $402,853 purchase. Equity gained on principal adds $2,600/yr, and 5% annual appreciation supports $111,301 over five years. Five-year ROI reaches 113.14% and total cumulative return in cash sums $151,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Green • Coldwell Banker Schneidmiller Realty
Mls Name: SMLS
Mls ID: #202516986