605 W Spokane StGarfieldWA99130
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
Investment Highlights
Investment property for sale in Garfield at 605 W Spokane St, Garfield, WA, 99130 earns $163/mo cash flow from $1,636/mo rent with a $1,199/mo payment. Total monthly income totals $1,636/mo, and annual cash flow totals $1,961/yr on $81,218 capital. ROI tracks 22.32% on current figures, and rental yield reads 8.01% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 115.59% and total cumulative return in cash sums $93,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,636/mo property income instead of your personal income.
Single Family
Built in 1995
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99130, Garfield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 407 (100%) |
| Owner Occupied HU | 287 (70.5%) |
| Renter Occupied HU | 65 (16.0%) |
| Vacant Housing Units | 55 (13.5%) |
| Median Home Value | $376,531 |
| Average Home Value | $415,375 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
146
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terry Petty • Team Washington
Mls Name: United Country
Mls ID: #11037-286675