








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 LOT 131, Spokane, WA, 99224 earns $216/mo cash flow from $968/mo rent with a $612/mo payment. Total monthly income totals $968/mo, and annual cash flow totals $2,597/yr on $41,438 capital. ROI tracks 26.18% on current figures, and rental yield reads 9.29% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 136.29% and total cumulative return in cash sums $56,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $968/mo property income instead of your personal income.
Manufactured
Built in 1998
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 |
|---|---|---|
| 2025-07-11 | Listed for sale | $125,000 |
| 2024-10-16 | Sold | $45,000 |
| 2024-10-09 | Pending sale | $57,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-12 | $598.45 | 36.32% | $59,700 | 18.69% |
| 2023-07-12 | $439.00 | 9.05% | $50,300 | 4.36% |
| 2022-07-12 | $402.58 | -17.50% | $48,200 | 16.99% |



Listed by: Crystal Delaney • eXp Realty, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202520374
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.