18809 E Riverside LnGreenacresWA99016
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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 Greenacres at 18809 E Riverside Ln, Greenacres, WA, 99016 listed at $437,515 pairs $2,640/mo rent with a $2,141/mo payment to leave $10/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $125/yr on $145,036 cash to close. Return on cash invested measures 20% in year one, and rental yield registers 7.24% at a $437,515 basis. Equity gained on principal adds $2,823/yr, and annual property appreciation at 5% supports $120,877 by year five. Five-year ROI tracks 103.07% and total cumulative return in cash totals $149,494. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,141/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,405 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: Michael Paul Green • Coldwell Banker Schneidmiller Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-2697
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