208 S Neyland Rd #29Liberty LakeWA99019
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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 Liberty Lake at 208 S Neyland Rd #29, Liberty Lake, WA, 99019 offers a 9.21% rental yield on a $109,950 purchase with $844/mo rent. Total monthly income registers $844/mo, and a $538/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,199/yr on $36,448 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,377 over five years. Portfolio math shows five-year ROI at 135.11% and total cumulative return in cash at $49,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $844/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99019, Liberty Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,972 (100%) |
| Owner Occupied HU | 4,128 (69.1%) |
| Renter Occupied HU | 1,574 (26.4%) |
| Vacant Housing Units | 270 ( 4.5%) |
| Median Home Value | $641,088 |
| Average Home Value | $707,045 |
Housing Distribution
Address Breakdown
Residential
5,776
Single Family
5,138
Multi-Family
638
Businesses
522
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Listed by: Joe Lanet • Windermere Manito, LLC
Mls Name: SMLS
Mls ID: #202521910