2203 E Marshall AveSpokaneWA99207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Spokane at 2203 E Marshall Ave, Spokane, WA, 99207 generates $1,711/mo in rent, after a $1,713/mo payment. Total monthly income is $1,711/mo. Return on cash invested sits at 15.85% in year one, and rental yield is 5.87% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 80.85% and total cumulative return in cash sums $93,806. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,711/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Morrow • Windermere Valley
Mls Name: SMLS
Mls ID: #202527538