1718 W Dean AveSpokaneWA99201
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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 1718 W Dean Ave, Spokane, WA, 99201 uses $92,787 cash to close to unlock $1,337/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $1,370/mo payment keeps the spread at $111/mo. Purchase price stands at $279,900, and rental yield measures 7.69% with $1,794/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 110.37% and total cumulative return in cash records $102,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1894
3,049 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: Jessica Granly • John L Scott, Spokane Valley
Mls Name: SMLS
Mls ID: #202526325