Merlot Plan, Woodridge : Classic CollectionSpokaneWA99208
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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 Spokane at Merlot Plan, Woodridge: Classic Collection, Spokane, WA, 99208 priced at $449,950 pairs $3,248/mo rent with $544/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,248/mo, and annual cash flow comes to $6,523/yr on $149,158 invested. Return on cash invested is 24.28% in year one, and rental yield stands at 8.66% on a $449,950 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,313 by year five. Five-year ROI measures 126.06% and total cumulative return in cash reaches $188,030. For financing, Ziffy Mortgage’s DSCR program evaluates $3,248/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99208, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,730 (100%) |
| Owner Occupied HU | 16,287 (65.9%) |
| Renter Occupied HU | 7,535 (30.5%) |
| Vacant Housing Units | 908 ( 3.7%) |
| Median Home Value | $496,695 |
| Average Home Value | $537,982 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
18,840
Multi-Family
5,292
Businesses
584
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A