940 S Campbell StAirway HeightsWA99001
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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 Airway Heights at 940 S Campbell St, Airway Heights, WA, 99001 listed at $384,900 pairs $2,760/mo rent with a $1,884/mo payment to leave $446/mo cash flow. Total monthly income runs $2,760/mo, and annual cash flow reaches $5,354/yr on $127,594 cash to close. Return on cash invested measures 24.11% in year one, and rental yield registers 8.6% at a $384,900 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,341 by year five. Five-year ROI tracks 125.14% and total cumulative return in cash totals $159,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99001, Airway Heights, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,779
Multi-Family
73
Businesses
268
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Listed by: Meribeth Phipps • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202521377