5319 N Sun Beam 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 5319 N Sun Beam Ln, Spokane, WA, 99217 offers $2,856/mo rent that, after a $2,814/mo payment. Total monthly income is $2,856/mo. Return on cash invested measures 15.81% in year one, and rental yield stands at 5.96% at a $574,990 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,859 by year five. Five-year ROI records 80.74% and total cumulative return in cash reaches $152,732. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,856/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
$844 annually 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: Michelle Grady • New Home Star Washington, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202514957
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.