2117 E Gordon AveSpokaneWA99207
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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 2117 E Gordon Ave, Spokane, WA, 99207 earns from $1,716/mo rent with a $1,528/mo payment. Total monthly income totals $1,716/mo. ROI tracks 18.05% on current figures, and rental yield reads 6.6% at a $312,225 purchase. Equity gained on principal adds $2,015/yr, and 5% annual appreciation supports $86,262 over five years. Five-year ROI reaches 92.65% and total cumulative return in cash sums $95,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,716/mo property income instead of your personal income.
Single Family
Built in 1911
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99207, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,587 (100%) |
| Owner Occupied HU | 6,966 (51.3%) |
| Renter Occupied HU | 5,911 (43.5%) |
| Vacant Housing Units | 710 ( 5.2%) |
| Median Home Value | $282,607 |
| Average Home Value | $343,885 |
Housing Distribution
Address Breakdown
Residential
12,625
Single Family
10,853
Multi-Family
1,772
Businesses
932
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Listed by: Sandy Densmore • First Look Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #202516756
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 04:47:40 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#122)