224 S Howard StSpokaneWA99201
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
Investment property for sale in Spokane at 224 S Howard St, Spokane, WA, 99201 at $1,900,000 posts ROI 0.56% with from $1,260/mo rent. Total monthly income equals $1,260/mo. Return on cash invested measures 0.56% and rental yield reads 0.8% at the current $1,900,000. Equity gained on principal adds $12,260/yr, and 5% annual appreciation supports $524,935 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1908
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99201, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 2,235 (23.5%) |
| Renter Occupied HU | 6,240 (65.7%) |
| Vacant Housing Units | 1,025 (10.8%) |
| Median Home Value | $343,053 |
| Average Home Value | $389,719 |
Housing Distribution
Address Breakdown
Residential
8,094
Single Family
4,266
Multi-Family
3,828
Businesses
1,825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Lister • Windermere Manito, LLC
Mls Name: SMLS
Mls ID: #202524717