CAMBRIDGE 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 CAMBRIDGE Plan, Elk Meadows Estates, Spokane, WA, 99206 with 5% annual appreciation on a $472,995 basis while $3,180/mo rent supports operations. Total monthly income totals $3,180/mo and a $2,315/mo payment preserves $337/mo for cash returns. Annual cash flow comes to $4,042/yr on $156,798 deployed, and return on cash invested reaches 22.49% in year one. Equity gained on principal adds $3,052/yr, and five-year appreciation sums $130,680 alongside rental yield of 8.07%. Five-year ROI measures 116.42% and total cumulative return in cash totals $182,545.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,180/mo property income versus a $2,315/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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