5248 E Liberty LnSpokaneWA99217
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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 Spokane at 5248 E Liberty Ln, Spokane, WA, 99217 offers $2,274/mo rent that, after a $1,600/mo payment, leaves $309/mo cash flow. Total monthly income is $2,274/mo, and annual cash flow is $3,706/yr on $108,399 cash. Return on cash invested measures 23.33% in year one, and rental yield stands at 8.35% at a $326,995 entry. Equity gained on principal adds $2,110/yr while 5% annual appreciation compounds into $90,343 by year five. Five-year ROI records 120.93% and total cumulative return in cash reaches $131,091. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,274/mo property income versus a $1,600/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99217, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 5,098 (58.0%) |
| Renter Occupied HU | 3,318 (37.7%) |
| Vacant Housing Units | 381 ( 4.3%) |
| Median Home Value | $381,940 |
| Average Home Value | $452,952 |
Housing Distribution
Address Breakdown
Residential
7,663
Single Family
7,059
Multi-Family
604
Businesses
553
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Listed by: Karver Pate • D.R. Horton America's Builder
Mls Name: SMLS
Mls ID: #202522937