The Timberline Plan, The SummitSpokaneWA99224
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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 The Timberline Plan, The Summit, Spokane, WA, 99224 priced at $515,990 pairs $3,191/mo rent with $89/mo cash flow after a $2,526/mo payment. Total monthly income equals $3,191/mo, and annual cash flow comes to $1,066/yr on $169,761 invested. Return on cash invested is 20.69% in year one, and rental yield stands at 7.42% on a $515,990 basis. Equity gained on principal adds $3,330/yr, and 5% annual appreciation accumulates to $142,559 by year five. Five-year ROI measures 106.75% and total cumulative return in cash reaches $181,224. For financing, Ziffy Mortgage’s DSCR program evaluates $3,191/mo property income against a $2,526/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99224, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,817 (100%) |
| Owner Occupied HU | 7,291 (61.7%) |
| Renter Occupied HU | 3,763 (31.8%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $565,442 |
| Average Home Value | $579,828 |
Housing Distribution
Address Breakdown
Residential
10,799
Single Family
9,405
Multi-Family
1,394
Businesses
365
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Listed by: N/A • Hayden Homes, Inc.
Mls Name: Hayden Homes
Mls Provider:
Mls ID: #N/A