1026 W Bellwood DrSpokaneWA99218
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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 1026 W Bellwood Dr, Spokane, WA, 99218 uses $179,305 cash to close to unlock $19,361/yr annual cash flow and $1,613/mo monthly cash flow. Total monthly income runs $4,890/mo, and a $2,668/mo payment keeps the spread at $1,613/mo. Purchase price stands at $545,000, and rental yield measures 10.77% with $4,890/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 161.3% and total cumulative return in cash records $289,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,890/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99218, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,688 (100%) |
| Owner Occupied HU | 3,470 (51.9%) |
| Renter Occupied HU | 2,840 (42.5%) |
| Vacant Housing Units | 378 ( 5.7%) |
| Median Home Value | $469,794 |
| Average Home Value | $532,282 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
4,089
Multi-Family
1,865
Businesses
671
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Listed by: Scott Wacenske • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls ID: #202523762