CALI Plan, Elk Meadows EstatesSpokaneWA99206
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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 Spokane at CALI Plan, Elk Meadows Estates, Spokane, WA, 99206 listed at $464,995 pairs $3,091/mo rent with a $2,276/mo payment to leave $296/mo cash flow. Total monthly income runs $3,091/mo, and annual cash flow reaches $3,549/yr on $154,146 cash to close. Return on cash invested measures 22.21% in year one, and rental yield registers 7.98% at a $464,995 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,470 by year five. Five-year ROI tracks 114.95% and total cumulative return in cash totals $177,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,091/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99206, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,686 (100%) |
| Owner Occupied HU | 9,994 (59.9%) |
| Renter Occupied HU | 6,076 (36.4%) |
| Vacant Housing Units | 616 ( 3.7%) |
| Median Home Value | $454,247 |
| Average Home Value | $495,755 |
Housing Distribution
Address Breakdown
Residential
16,396
Single Family
13,592
Multi-Family
2,804
Businesses
1,164
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A