2209 N Washington StSpokaneWA99205
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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
Investment property for sale in Spokane at 2209 N Washington St, Spokane, WA, 99205 earns $990/mo cash flow from $2,528/mo rent with a $1,252/mo payment. Total monthly income totals $2,528/mo, and annual cash flow totals $11,884/yr on $84,798 capital. ROI tracks 33.92% on current figures, and rental yield reads 11.86% at a $255,800 purchase. Equity gained on principal adds $1,651/yr, and 5% annual appreciation supports $70,673 over five years. Five-year ROI reaches 177.79% and total cumulative return in cash sums $150,763. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,528/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99205, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,110 (100%) |
| Owner Occupied HU | 13,065 (68.4%) |
| Renter Occupied HU | 5,398 (28.2%) |
| Vacant Housing Units | 647 ( 3.4%) |
| Median Home Value | $350,276 |
| Average Home Value | $403,425 |
Housing Distribution
Address Breakdown
Residential
18,144
Single Family
17,165
Multi-Family
979
Businesses
741
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A