14511 E Heroy AveSpokaneWA99216
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow14511 E Heroy Ave, Spokane, WA, 99216 in Spokane is a top-tier cash-flow asset. At $170,000 it produces $1,656/mo in rent and $634/mo in net monthly income, a 11.69% gross rental yield. The DSCR of 2.17 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,609. Five-year appreciation adds $46,968, driving a total cumulative return of $105,204.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 4.2% |
| Monthly Cash Flow | $634 | $485 |
City averages based on Spokane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,656 |
| Total Monthly Debt Service | $954 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1943
5,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99216, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,047 (100%) |
| Owner Occupied HU | 6,611 (47.1%) |
| Renter Occupied HU | 6,698 (47.7%) |
| Vacant Housing Units | 738 ( 5.3%) |
| Median Home Value | $429,870 |
| Average Home Value | $486,616 |
Housing Distribution
Address Breakdown
Residential
12,992
Single Family
8,075
Multi-Family
4,917
Businesses
1,059
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
Single Family
Built in 1943
5,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99216, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,047 (100%) |
| Owner Occupied HU | 6,611 (47.1%) |
| Renter Occupied HU | 6,698 (47.7%) |
| Vacant Housing Units | 738 ( 5.3%) |
| Median Home Value | $429,870 |
| Average Home Value | $486,616 |
Housing Distribution
Address Breakdown
Residential
12,992
Single Family
8,075
Multi-Family
4,917
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices