5355 N Sun Beam Ln #2/1Edgewood SpokaneWA99217
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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 Edgewood Spokane at 5355 N Sun Beam Ln #2/1, Edgewood Spokane, WA, 99217 earns from $2,734/mo rent with a $2,325/mo payment. Total monthly income totals $2,734/mo. ROI tracks 18.98% on current figures, and rental yield reads 6.91% at a $474,990 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,231 over five years. Five-year ROI reaches 97.65% and total cumulative return in cash sums $153,760. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,734/mo property income instead of your personal income.
Single Family
Built in 2025
6,969 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: Michelle Grady • New Home Star Washington, LLC
Mls Name: SMLS
Mls ID: #202610071