1211 W Bismark AveSpokaneWA99205
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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 1211 W Bismark Ave, Spokane, WA, 99205 earns from $1,250/mo rent with a $1,076/mo payment. Total monthly income totals $1,250/mo. ROI tracks 18.73% on current figures, and rental yield reads 6.82% at a $219,896 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,753 over five years. Five-year ROI reaches 96.32% and total cumulative return in cash sums $70,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,250/mo property income instead of your personal income.
Single Family
Built in 1939
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99205, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,110 (100%) |
| Owner Occupied HU | 13,065 (68.4%) |
| Renter Occupied HU | 5,398 (28.2%) |
| Vacant Housing Units | 647 ( 3.4%) |
| Median Home Value | $350,276 |
| Average Home Value | $403,425 |
Housing Distribution
Address Breakdown
Residential
18,144
Single Family
17,165
Multi-Family
979
Businesses
741
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Listed by: Lee Arnold • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202519125