1107 W Sharp AveSpokaneWA99201
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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 1107 W Sharp Ave, Spokane, WA, 99201 at $340,000 posts ROI 14.76% with from $1,560/mo rent. Total monthly income equals $1,560/mo. Return on cash invested measures 14.76% and rental yield reads 5.51% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 75.02% and total cumulative return in cash totals $84,558. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1902
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99201, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 2,235 (23.5%) |
| Renter Occupied HU | 6,240 (65.7%) |
| Vacant Housing Units | 1,025 (10.8%) |
| Median Home Value | $343,053 |
| Average Home Value | $389,719 |
Housing Distribution
Address Breakdown
Residential
8,094
Single Family
4,266
Multi-Family
3,828
Businesses
1,825
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Listed by: Devin Mecham • NAI Black
Mls Name: SMLS
Mls Provider:
Mls ID: #202411875
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.