1307 N Pierce RdSpokane ValleyWA99206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Valley at 1307 N Pierce Rd, Spokane Valley, WA, 99206 earns $83/mo cash flow from $3,180/mo rent with a $2,471/mo payment. Total monthly income totals $3,180/mo, and annual cash flow totals $1,000/yr on $166,112 capital. ROI tracks 20.66% on current figures, and rental yield reads 7.56% at a $504,900 purchase. Equity gained on principal adds $3,258/yr, and 5% annual appreciation supports $139,495 over five years. Five-year ROI reaches 106.78% and total cumulative return in cash sums $177,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,180/mo property income instead of your personal income.
Single Family
Built in 2005
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99206, Spokane, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,396
Single Family
13,592
Multi-Family
2,804
Businesses
1,164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Desiree Jones • eXp Realty, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202524114
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.