1322 N Wall StSpokaneWA99201
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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 1322 N Wall St, Spokane, WA, 99201 with 5% annual appreciation on a $335,000 basis while $1,209/mo rent supports operations. 18% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 4.33%. Five-year ROI measures 55.83% and total cumulative return in cash totals $62,000. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,209/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1904
2,347 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99201, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 2,235 (23.5%) |
| Renter Occupied HU | 6,240 (65.7%) |
| Vacant Housing Units | 1,025 (10.8%) |
| Median Home Value | $343,053 |
| Average Home Value | $389,719 |
Housing Distribution
Address Breakdown
Residential
8,094
Single Family
4,266
Multi-Family
3,828
Businesses
1,825
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Listed by: N/A • N/A
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