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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spokane at 2201 N Craig Rd #237, Spokane, WA, 99224 uses $43,062 cash to close to unlock $3,083/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,038/mo, and a $636/mo payment keeps the spread at $257/mo. Purchase price stands at $129,900, and rental yield measures 9.59% with $1,038/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 141% and total cumulative return in cash records $60,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,038/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99224, Spokane, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,817 (100%) |
| Owner Occupied HU | 7,291 (61.7%) |
| Renter Occupied HU | 3,763 (31.8%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $565,442 |
| Average Home Value | $579,828 |
Residential
10,799
Single Family
9,405
Multi-Family
1,394
Businesses
365
Date | Event | Price |
|---|---|---|
| 2025-07-07 | Listed for sale | $129,900 |
| 2023-11-28 | Sold | $150,000 |
| 2023-11-14 | Pending sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | N/A | N/A | $134,100 | 61.96% |
| 2023-07-09 | $722.64 | 9.11% | $82,800 | 4.41% |
| 2022-07-09 | $662.32 | -19.26% | $79,300 | 12.96% |
Listed by: Lee Arnold • Keller Williams Spokane - Main
Mls Name: SMLS
Mls Provider:
Mls ID: #202520057
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.
