2010 N Ely RdSpokaneWA99212
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 2010 N Ely Rd, Spokane, WA, 99212 in Spokane is straightforward: $329,000 in, $2,648/mo in rent, $671/mo out after debt service. The 9.66% gross yield and 1.79 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $90,897 by year five. With $3,030/yr in principal equity, the total cumulative return is projected at $167,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 4.2% |
| Monthly Cash Flow | $671 | $485 |
City averages based on Spokane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,648 |
| Total Monthly Debt Service | $1,847 |
| DSCR Ratio | 1.43x |
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 1951
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99212, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,158 (100%) |
| Owner Occupied HU | 6,726 (66.2%) |
| Renter Occupied HU | 2,833 (27.9%) |
| Vacant Housing Units | 599 ( 5.9%) |
| Median Home Value | $411,760 |
| Average Home Value | $459,589 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
7,990
Multi-Family
1,197
Businesses
991
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 1951
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99212, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,158 (100%) |
| Owner Occupied HU | 6,726 (66.2%) |
| Renter Occupied HU | 2,833 (27.9%) |
| Vacant Housing Units | 599 ( 5.9%) |
| Median Home Value | $411,760 |
| Average Home Value | $459,589 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
7,990
Multi-Family
1,197
Businesses
991
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A