BAKER Plan, Spring Air EstatesMeadWA99021
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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
Rental property for sale in Mead at BAKER Plan, Spring Air Estates, Mead, WA, 99021 offers $3,541/mo rent that, after a $2,344/mo payment, leaves $662/mo cash flow. Total monthly income is $3,541/mo, and annual cash flow is $7,945/yr on $158,787 cash. Return on cash invested measures 24.91% in year one, and rental yield stands at 8.87% at a $478,995 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,337 by year five. Five-year ROI records 129.46% and total cumulative return in cash reaches $205,561. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,541/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99021, Mead, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,826 (100%) |
| Owner Occupied HU | 3,359 (87.8%) |
| Renter Occupied HU | 340 ( 8.9%) |
| Vacant Housing Units | 127 ( 3.3%) |
| Median Home Value | $488,581 |
| Average Home Value | $563,364 |
Housing Distribution
Address Breakdown
Residential
3,526
Single Family
3,526
Multi-Family
0
Businesses
249
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A