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Country Homes, WA | City Real Estate Market Analysis

Country Homes, Spokane County, Washington
City Analysis Real Estate Market WA Spokane County
Country Homes
Market Insight

Country Homes, WA Investment Potential Analysis

Market analysis for Country Homes, WA will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Country Homes.
79.00%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$47,639
Avg. Household Income
💵 Average annual household income in the area.
5,510
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Country Homes, WA Real Estate Market Property Overview

  • Real estate market overview for Country Homes, WA, Spokane County
  • Population of 5,510
  • Average household income of $47,639
  • Property tax rate of 79.00%
  • Median resident age of 24.10

Property Details

City Country Homes State Washington
County Spokane Country USA
Population 5,510 Median Age 24.10
Avg. Household Income $47,639 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 79.00%
Top Industries N/A Economic Overview N/A
Coordinates 47.7479, -117.4199 Properties Listed 0

Model investment returns using Country Homes, WA market data as defaults

25%
5.0%
30 years
79.00%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

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💵Cash on Cash Return

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🚀Internal Rate of Return

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🏛️Property Tax Analysis

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* Calculations use Country Homes, WA median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Country Homes, WA Income Property

Key questions for informed investment decisions

What's the overall investment potential of Country Homes, WA, considering its demographics and economy? +
The city's relatively high poverty rate of 21.4% is somewhat mitigated by its strong health insurance coverage of 93.5%, indicating a degree of employment stability, while its top industries in transportation, finance, and public administration suggest a diverse economic base, with a median household income of $47,639 and a foreign-born rate of 8.5% adding to its cultural and economic vibrancy.
How does the local housing market in Country Homes, WA, look for real estate investors? +
With a median property value of $208,600 and median property taxes of $983, the housing market seems relatively stable, especially considering the city's homeownership rate of 54.8% and the fact that the top commute methods include driving alone, walking, and working from home, which suggests flexibility and convenience for residents, potentially attracting a wide range of tenants.
What role does ethnic diversity and industry variety play in the demand for real estate in Country Homes, WA? +
The city's ethnic diversity, led by White and White Non-Hispanic populations, alongside a significant portion of residents identifying as Two Or More ethnicities, contributes to a culturally rich environment, while its top industries in transportation, finance, and public administration create a varied job market, which can drive demand for housing from a broad spectrum of professionals and families, thus supporting real estate investment.
How do quality-of-life metrics, such as commute time and health insurance coverage, impact the stability of the real estate market in Country Homes, WA? +
The average commute time of 17.9 minutes is notably low, indicating good infrastructure and accessibility, which, combined with a high health insurance coverage rate of 93.5%, suggests a stable and healthy population, factors that are crucial for maintaining a stable real estate market and attracting reliable tenants who value both convenience and well-being.
What insights can be gleaned from the city's poverty rate, employment, and income inequality for assessing tenant quality and market demand? +
The poverty rate of 21.4%, although significant, is counterbalanced by an employed population of 2,430 and a median household income of $47,639, suggesting a working-class market with employment opportunities, while the GINI coefficient of 0.441 indicates a level of income inequality, which investors should consider when evaluating potential tenant stability and the overall demand for different types of housing in Country Homes, WA.
What are some of the best neighborhoods to live in Country Homes? +
Some of the best neighborhoods to live in Country Homes include Hays Park Neighborhood, North Indian Trail, and the Country Homes area itself, which offers a suburban feel with historic and unique homes. Additionally, neighborhoods like Comstock, Five Mile Prairie, and Rockwood are also popular options.
What are some fun things to do in Country Homes? +
There are plenty of fun things to do in Country Homes, including visiting the Little Spokane River, exploring the Centennial Trail, and checking out the Upper Spokane Falls. You can also visit the Sky Prairie Park, which has a pool, softball field, and tennis courts, or head to downtown Spokane to explore the city's vibrant food and drink scene.
What is the food scene like in Country Homes? +
The food scene in Country Homes is varied and exciting, with a range of options to suit every taste and budget. While there may not be a huge number of restaurants directly in Country Homes, the nearby city of Spokane has a thriving food scene, with plenty of options for farm-to-table cuisine, wine, and craft beer. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Country Homes? +
The pros of living in Country Homes include its suburban feel, historic homes, and access to outdoor recreation opportunities like the Little Spokane River and Centennial Trail. However, some cons include the potential for traffic and congestion, especially during rush hour, and the fact that some areas of the neighborhood may be farther from amenities and services. Additionally, the area has a higher poverty rate and lower median household income compared to other parts of the state.
Is Country Homes a good place to live? +
Overall, Country Homes can be a great place to live for those who value a suburban feel and easy access to outdoor recreation opportunities. While it may have some drawbacks, the area has a lot to offer, from its historic homes to its vibrant community. As with any neighborhood, it's worth doing your research and weighing the pros and cons before making a decision. But for many people, Country Homes is a wonderful place to call home.

Things Near Country Homes, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Country Homes

Country Homes, WA is a city that tends to attract investors due to its relatively low median property value of $208,600 and high homeownership rate of 54.8%. The population of 5,510, with a median age of 24.1, suggests a young and potentially growing community. However, the 21.4% poverty rate suggests some risk, as it may impact the stability of the local economy. On the other hand, the top industries, including Transportation & Warehousing, & Utilities, Finance & Insurance, & Real Estate & Rental & Leasing, and Public Administration, provide a diverse range of employment opportunities. The city's ethnic diversity, with 46.4% White, 45.0% White Non-Hispanic, and 2.9% Two Or More, also contributes to its unique character. The average commute time of 17.9 minutes is relatively short, and the high health insurance coverage rate of 93.5% indicates a relatively healthy population. The foreign-born rate of 8.5% is relatively low, which may impact the city's cultural diversity. Despite these challenges, the city's high school graduation rate of 92.2% and bachelor's degree or higher rate of 23.1% suggest a relatively educated population. Overall, Country Homes, WA presents a mix of opportunities and challenges for investors, with its young population, diverse industries, and relatively low property values, but also its high poverty rate and potential risks.

Population 5,510
Median Age 24.10
Avg. Household Income $47,639
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials