503 N Arc CtSpokane ValleyWA99016
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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 Spokane Valley at 503 N Arc Ct, Spokane Valley, WA, 99016 listed at $497,900 pairs $2,640/mo rent with a $2,437/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 17.34% in year one, and rental yield registers 6.36% at a $497,900 basis. Equity gained on principal adds $3,213/yr, and annual property appreciation at 5% supports $137,561 by year five. Five-year ROI tracks 88.86% and total cumulative return in cash totals $146,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,437/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99016, Greenacres, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,721 (100%) |
| Owner Occupied HU | 5,432 (70.4%) |
| Renter Occupied HU | 2,001 (25.9%) |
| Vacant Housing Units | 288 ( 3.7%) |
| Median Home Value | $540,005 |
| Average Home Value | $599,307 |
Housing Distribution
Address Breakdown
Residential
8,112
Single Family
7,895
Multi-Family
217
Businesses
233
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Listed by: Trevor Windhorst • Windermere Valley
Mls Name: SMLS
Mls ID: #202524529