2107 N Sipple RdSpokaneWA99212
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 2107 N Sipple Rd, Spokane, WA, 99212 generates $2,771/mo in rent and, after a $2,134/mo payment, leaves $150/mo in cash flow. Total monthly income is $2,771/mo, and annual cash flow is $1,803/yr on $144,501 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 7.63% on a $435,900 entry. Equity gained on principal adds $2,813/yr, while 5% annual appreciation builds toward $120,431 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash sums $157,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,771/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
5,662 sqft 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
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Listed by: Brandon Marchand • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202610743