22708 E Park Beach RdNewman LakeWA99025
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 Newman Lake at 22708 E Park Beach Rd, Newman Lake, WA, 99025 earns from $1,800/mo rent with a $1,738/mo payment. Total monthly income totals $1,800/mo. ROI tracks 16.5% on current figures, and rental yield reads 6.08% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 84.34% and total cumulative return in cash sums $99,252. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99025, Newman Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,807 (77.6%) |
| Renter Occupied HU | 124 ( 5.3%) |
| Vacant Housing Units | 399 (17.1%) |
| Median Home Value | $644,142 |
| Average Home Value | $741,000 |
Housing Distribution
Address Breakdown
Residential
1,722
Single Family
1,722
Multi-Family
0
Businesses
100
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Nearby investment properties with comparable prices
Listed by: Connie Smith • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls Provider:
Mls ID: #202516856
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:17:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#122)