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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Airway Heights at 824 S Ziegler St, Airway Heights, WA, 99001 generates $1,511/mo in rent and, after a $831/mo payment, leaves $490/mo in cash flow. Total monthly income is $1,511/mo, and annual cash flow is $5,884/yr on $56,313 invested. Return on cash invested sits at 30.36% in year one, and rental yield is 10.67% on a $169,874 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,933 over five years. Five-year ROI reaches 158.7% and total cumulative return in cash sums $89,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,511/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99001, Airway Heights, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,170 (100%) |
| Owner Occupied HU | 1,219 (38.5%) |
| Renter Occupied HU | 1,821 (57.4%) |
| Vacant Housing Units | 130 ( 4.1%) |
| Median Home Value | $381,641 |
| Average Home Value | $355,072 |
Residential
2,852
Single Family
2,779
Multi-Family
73
Businesses
268
Date | Event | Price |
|---|---|---|
| 2025-08-13 | Sold | $169,874 |
| 2025-07-19 | Pending sale | $165,000 |
| 2025-07-04 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1172.70 | 43.60% | $109,000 | 8.57% |
| 2023-10-10 | $816.64 | -34.37% | $100,400 | -36.05% |
| 2022-10-10 | $1244.38 | 45.53% | $157,000 | 66.84% |
Listed by: Zach Wimberly • Avalon 24 Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #202519946
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.
