624 N Madson CtLiberty LakeWA99019
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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 Liberty Lake at 624 N Madson Ct, Liberty Lake, WA, 99019 with 5% annual appreciation on a $939,700 basis while $6,203/mo rent supports operations. Total monthly income totals $6,203/mo and a $4,599/mo payment preserves $483/mo for cash returns. Annual cash flow comes to $5,802/yr on $309,161 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $6,064/yr, and five-year appreciation sums $259,622 alongside rental yield of 7.92%. Five-year ROI measures 113.55% and total cumulative return in cash totals $351,044.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,203/mo property income versus a $4,599/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99019, Liberty Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,972 (100%) |
| Owner Occupied HU | 4,128 (69.1%) |
| Renter Occupied HU | 1,574 (26.4%) |
| Vacant Housing Units | 270 ( 4.5%) |
| Median Home Value | $641,088 |
| Average Home Value | $707,045 |
Housing Distribution
Address Breakdown
Residential
5,776
Single Family
5,138
Multi-Family
638
Businesses
522
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Listed by: Justin Bennett • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls Provider:
Mls ID: #202516347
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.