3617 S Keller LnSpokaneWA99206
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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
Rental property for sale in Spokane at 3617 S Keller Ln, Spokane, WA, 99206 priced at $442,995 converts $2,215/mo rent into after a $2,168/mo obligation. Total monthly income equals $2,215/mo. Return on cash invested prints 15.84% in year one, and rental yield reads 6% against a $442,995 entry. Equity gained on principal adds $2,859/yr, while 5% annual appreciation compiles into $122,391 by year five. Five-year ROI reaches 80.97% and total cumulative return in cash sums $118,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,215/mo property income covering a $2,168/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99206, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,686 (100%) |
| Owner Occupied HU | 9,994 (59.9%) |
| Renter Occupied HU | 6,076 (36.4%) |
| Vacant Housing Units | 616 ( 3.7%) |
| Median Home Value | $454,247 |
| Average Home Value | $495,755 |
Housing Distribution
Address Breakdown
Residential
16,396
Single Family
13,592
Multi-Family
2,804
Businesses
1,164
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Listed by: Jennifer Strandberg • D.R. Horton America's Builder
Mls Name: SMLS
Mls Provider:
Mls ID: #202513762
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.