520 S McKee StGreenacresWA99016
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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 Greenacres at 520 S McKee St, Greenacres, WA, 99016 priced at $449,900 pairs $3,341/mo rent with $637/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,341/mo, and annual cash flow comes to $7,639/yr on $149,142 invested. Return on cash invested is 25.03% in year one, and rental yield stands at 8.91% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 130.08% and total cumulative return in cash reaches $194,002. For financing, Ziffy Mortgage’s DSCR program evaluates $3,341/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
6,098 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: Rich King • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202610671