1402 W Knox 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 1402 W Knox Ave, Spokane, WA, 99205 at $349,000 posts ROI 16.53% with from $1,831/mo rent. Total monthly income equals $1,831/mo. Return on cash invested measures 16.53% and rental yield reads 6.3% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 84.68% and total cumulative return in cash totals $97,968. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,831/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1905
5,227 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: Jamie Reyes • eXp Realty, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202521653
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.