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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 Spokane Valley at L2 N Whipple Ln, Spokane Valley, WA, 99206 offers $2,034/mo rent that, after a $2,198/mo payment. Total monthly income is $2,034/mo. Return on cash invested measures 14.54% in year one, and rental yield stands at 5.44% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 73.84% and total cumulative return in cash reaches $109,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99206, Spokane, WA area.
| 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 |
Residential
16,396
Single Family
13,592
Multi-Family
2,804
Businesses
1,164
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andrew Graham • Avalon 24 Real Estate
Mls Name: SMLS
Mls ID: #202519832
