508 N Arc CtSpokane ValleyWA99016
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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 Spokane Valley at 508 N Arc Ct, Spokane Valley, WA, 99016 earns $324/mo cash flow from $3,143/mo rent with a $2,295/mo payment. Total monthly income totals $3,143/mo, and annual cash flow totals $3,893/yr on $155,440 capital. ROI tracks 22.41% on current figures, and rental yield reads 8.04% at a $468,900 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,548 over five years. Five-year ROI reaches 116.05% and total cumulative return in cash sums $180,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,143/mo property income instead of your personal income.
Single Family
Built in 2025
7,405 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 Provider:
Mls ID: #202517877
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.