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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 LOT 213, Spokane, WA, 99224 uses $42,101 cash to close to unlock $2,582/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $979/mo, and a $622/mo payment keeps the spread at $215/mo. Purchase price stands at $127,000, and rental yield measures 9.25% with $979/mo rent. Return on cash invested shows 26.04% in year one, and 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 135.58% and total cumulative return in cash records $57,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $979/mo property income covering a $622/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Crystal Delaney • eXp Realty, LLC
Mls Name: SMLS
Mls ID: #202521454
