17 E 30th AveSpokaneWA99203
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 at 17 E 30th Ave, Spokane, WA, 99203 uses $143,871 cash to close to unlock $4,541/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $2,999/mo, and a $2,124/mo payment keeps the spread at $378/mo. Purchase price stands at $434,000, and rental yield measures 8.29% with $2,999/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $119,906 over five years. Five-year ROI reaches 119.58% and total cumulative return in cash records $172,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,999/mo property income covering a $2,124/mo payment rather than investor’s personal income.
Single Family
Built in 1946
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99203, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,294 (100%) |
| Owner Occupied HU | 6,839 (73.6%) |
| Renter Occupied HU | 1,973 (21.2%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $590,981 |
| Average Home Value | $661,266 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,170
Multi-Family
1,114
Businesses
396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leon Vincent • Vincent Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #202517910
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.