1711 W 10th AveSpokaneWA99204
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 1711 W 10th Ave, Spokane, WA, 99204 listed at $1,730,000 pairs $1,543/mo rent with a $8,467/mo payment. Total monthly income runs $1,543/mo. Return on cash invested measures 1.41% in year one, and rental yield registers 1.07% at a $1,730,000 basis. Equity gained on principal adds $11,163/yr, and annual property appreciation at 5% supports $477,967 by year five. Five-year ROI tracks 3.31% and total cumulative return in cash totals $18,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,543/mo property income relative to a $8,467/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99204, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,509 (100%) |
| Owner Occupied HU | 1,067 (23.7%) |
| Renter Occupied HU | 2,908 (64.5%) |
| Vacant Housing Units | 534 (11.8%) |
| Median Home Value | $429,745 |
| Average Home Value | $469,688 |
Housing Distribution
Address Breakdown
Residential
3,985
Single Family
1,696
Multi-Family
2,289
Businesses
297
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Listed by: Ryan Towner • LT Real Estate
Mls Name: SMLS
Mls ID: #202523563