2509 S Man O War LnVeradaleWA99037
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
Rental property for sale in Veradale at 2509 S Man O War Ln, Veradale, WA, 99037 offers $2,746/mo rent that, after a $6,113/mo payment. Total monthly income is $2,746/mo. Return on cash invested measures 6.09% in year one, and rental yield stands at 2.64% at a $1,249,000 entry. Equity gained on principal adds $8,060/yr while 5% annual appreciation compounds into $345,076 by year five. Five-year ROI records 28.46% and total cumulative return in cash reaches $115,187. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,746/mo property income versus a $6,113/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99037, Veradale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,321 (100%) |
| Owner Occupied HU | 4,125 (56.3%) |
| Renter Occupied HU | 2,982 (40.7%) |
| Vacant Housing Units | 214 ( 2.9%) |
| Median Home Value | $526,688 |
| Average Home Value | $563,407 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
5,618
Multi-Family
1,296
Businesses
565
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Listed by: Brandon Marchand • Keller Williams Spokane - Main
Mls Name: SMLS
Mls Provider:
Mls ID: #202512561
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.