Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 12120 E Maxwell Ave, Spokane, WA, 99206 offers a 8.48% rental yield on a $450,000 purchase with $3,180/mo rent. Total monthly income registers $3,180/mo, and a $2,203/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,694/yr on $149,175 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 123.08% and total cumulative return in cash at $183,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.31 Acres 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 |
|---|---|---|
| 2025-09-16 | Listed for sale | $450,000 |
| 2025-09-16 | Listing removed | $450,000 |
| 2025-09-03 | Price change | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-18 | $3667.07 | 11.60% | $343,000 | 0.47% |
| 2023-09-18 | $3285.86 | 0.82% | $341,400 | 0.50% |
| 2022-09-18 | $3259.12 | 15.57% | $339,700 | 33.85% |
Listed by: Reed Perry • Amplify Real Estate Services
Mls Name: SMLS
Mls Provider:
Mls ID: #202524071
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.
