2102 W Riverside AveSpokaneWA99201
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
Rental property for sale in Spokane at 2102 W Riverside Ave, Spokane, WA, 99201 generates $2,828/mo in rent, after a $3,915/mo payment. Total monthly income is $2,828/mo. Return on cash invested sits at 8.66% in year one, and rental yield is 4.24% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 43.12% and total cumulative return in cash sums $113,484. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,828/mo property income rather than buyer’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$335 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mollie Sweat • Coldwell Banker Tomlinson
Mls Name: SMLS
Mls Provider:
Mls ID: #202513065
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.