524 S Joslin PlAirway HeightsWA99001
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 524 S Joslin Pl, Airway Heights, WA, 99001 in Airway Heights is narrow, $56/mo net on $2,821/mo rent after the $2,068/mo debt service, but the property operates at break-even-plus, not a loss. At $460,000 with a 7.36% yield, the long-run equity case via 5% appreciation ($127,090 over five years) and $4,237/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.36 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $177,728.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $56 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,821 |
| Total Monthly Debt Service | $2,582 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
0.33 Acres 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
Nearby investment properties with comparable rents
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
Single Family
Built in 2007
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nate Juarez • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202524373