3340 Waitts Lake RdValleyWA99181
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 Valley at 3340 Waitts Lake Rd, Valley, WA, 99181 listed at $375,000 pairs $1,406/mo rent with a $1,835/mo payment. Total monthly income runs $1,406/mo. Return on cash invested measures 11.73% in year one, and rental yield registers 4.5% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 58.74% and total cumulative return in cash totals $73,023. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,406/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1995
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99181, Valley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 687 (62.0%) |
| Renter Occupied HU | 157 (14.2%) |
| Vacant Housing Units | 264 (23.8%) |
| Median Home Value | $421,382 |
| Average Home Value | $438,574 |
Housing Distribution
Address Breakdown
Residential
735
Single Family
735
Multi-Family
0
Businesses
25
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Nearby investment properties with comparable prices
Listed by: Brian Aitken • John L Scott, Spokane Valley
Mls Name: SMLS
Mls ID: #202519826