365 N Legacy Ridge DrLiberty LakeWA99019
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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 Liberty Lake at 365 N Legacy Ridge Dr, Liberty Lake, WA, 99019 generates $3,598/mo in rent, after a $5,873/mo payment. Total monthly income is $3,598/mo. Return on cash invested sits at 8.6% in year one, and rental yield is 3.6% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 42.05% and total cumulative return in cash sums $163,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,598/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.61 Acres lot
$N/A/sqft
$200 monthly 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: Zac Scott • Avalon 24 Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #202514941
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.