6520 Pine Ridge WayNine Mile FallsWA99026
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 Nine Mile Falls at 6520 Pine Ridge Way, Nine Mile Falls, WA, 99026 listed at $470,000 pairs $1,604/mo rent with a $2,300/mo payment. Total monthly income runs $1,604/mo. Return on cash invested measures 10.51% in year one, and rental yield registers 4.1% at a $470,000 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,852 by year five. Five-year ROI tracks 52.2% and total cumulative return in cash totals $81,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,604/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
5.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99026, Nine Mile Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 3,595 (89.9%) |
| Renter Occupied HU | 266 ( 6.6%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $530,482 |
| Average Home Value | $568,047 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Warmuth • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls ID: #202522766