Ridgefield Plan, Woodridge : Gallery 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
Investment property for sale in Spokane at Ridgefield Plan, Woodridge: Gallery Collection, Spokane, WA, 99208 listed at $434,950 pairs $2,884/mo rent with a $2,129/mo payment to leave $269/mo cash flow. Total monthly income runs $2,884/mo, and annual cash flow reaches $3,232/yr on $144,186 cash to close. Return on cash invested measures 22.15% in year one, and rental yield registers 7.96% at a $434,950 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,169 by year five. Five-year ROI tracks 114.64% and total cumulative return in cash totals $165,297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,884/mo property income relative to a $2,129/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: 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