The Vale Plan, Valley SpringsLp20im Spokane ValleyWA99217
Nearby investment properties with comparable rents
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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 Lp20im Spokane Valley at The Vale Plan, Valley Springs, Lp20im Spokane Valley, WA, 99217 offers $2,274/mo rent that, after a $2,770/mo payment. Total monthly income is $2,274/mo. Return on cash invested measures 12.79% in year one, and rental yield stands at 4.82% at a $565,990 entry. Equity gained on principal adds $3,652/yr while 5% annual appreciation compounds into $156,373 by year five. Five-year ROI records 64.39% and total cumulative return in cash reaches $119,906. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,274/mo property income versus a $2,770/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99217, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 5,098 (58.0%) |
| Renter Occupied HU | 3,318 (37.7%) |
| Vacant Housing Units | 381 ( 4.3%) |
| Median Home Value | $381,940 |
| Average Home Value | $452,952 |
Housing Distribution
Address Breakdown
Residential
7,663
Single Family
7,059
Multi-Family
604
Businesses
553
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Listed by: N/A • Hayden Homes, Inc.
Mls Name: Hayden Homes
Mls Provider:
Mls ID: #N/A