11918 N Whitehouse StSpokaneWA99218
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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 11918 N Whitehouse St, Spokane, WA, 99218 uses $176,015 cash to close to unlock $12,379/yr annual cash flow and $1,032/mo monthly cash flow. Total monthly income runs $4,248/mo, and a $2,619/mo payment keeps the spread at $1,032/mo. Purchase price stands at $535,000, and rental yield measures 9.53% with $4,248/mo rent. Return on cash invested shows 27.09% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 141.11% and total cumulative return in cash records $248,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,248/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.27 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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