411 S Beeman StAirway HeightsWA99001
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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
Investment property for sale in Airway Heights at 411 S Beeman St, Airway Heights, WA, 99001 uses $115,992 cash to close to unlock $6,723/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $2,664/mo, and a $1,713/mo payment keeps the spread at $560/mo. Purchase price stands at $349,900, and rental yield measures 9.14% with $2,664/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 133.72% and total cumulative return in cash records $155,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,664/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2018
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99001, Airway Heights, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,170 (100%) |
| Owner Occupied HU | 1,219 (38.5%) |
| Renter Occupied HU | 1,821 (57.4%) |
| Vacant Housing Units | 130 ( 4.1%) |
| Median Home Value | $381,641 |
| Average Home Value | $355,072 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,779
Multi-Family
73
Businesses
268
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Listed by: Shane Bangle • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202524284