Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 143, Spokane, WA, 99224 uses $39,117 cash to close to unlock $16,239/yr annual cash flow and $1,353/mo monthly cash flow. Total monthly income runs $2,063/mo, and a $578/mo payment keeps the spread at $1,353/mo. Purchase price stands at $118,000, and rental yield measures 20.98% with $2,063/mo rent. Return on cash invested shows 61.42% in year one, and 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 325.31% and total cumulative return in cash records $127,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,063/mo property income covering a $578/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
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 |
|---|---|---|
| 2025-06-03 | Sold | $118,000 |
| 2025-05-25 | Pending sale | $118,000 |
| 2025-05-23 | Listed for sale | $118,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $154.37 | 36.06% | $15,400 | 18.46% |
| 2023-10-11 | $113.46 | 15.13% | $13,000 | 10.17% |
| 2022-10-11 | $98.55 | -12.22% | $11,800 | 22.92% |
Listed by: Crystal Delaney • eXp Realty, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202516117
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.
