








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Spokane at 12102 E 2nd Ln, Spokane, WA, 99206 offers a 2.73% rental yield on a $1,400,000 purchase with $3,180/mo rent. 52% in year one. Equity gained on principal adds $9,034/yr while 5% annual appreciation supports $386,794 over five years. Portfolio math shows five-year ROI at 30.7% and total cumulative return in cash at $139,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $6,852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2026
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99206, Spokane, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,686 (100%) |
| Owner Occupied HU | 9,994 (59.9%) |
| Renter Occupied HU | 6,076 (36.4%) |
| Vacant Housing Units | 616 ( 3.7%) |
| Median Home Value | $454,247 |
| Average Home Value | $495,755 |
Residential
16,396
Single Family
13,592
Multi-Family
2,804
Businesses
1,164
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jonathan Walker • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202522893