24 E 34th AveSpokaneWA99203
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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
Rental property for sale in Spokane at 24 E 34th Ave, Spokane, WA, 99203 priced at $545,000 pairs $3,954/mo rent with $677/mo cash flow after a $2,668/mo payment. Total monthly income equals $3,954/mo, and annual cash flow comes to $8,129/yr on $179,305 invested. Return on cash invested is 24.59% in year one, and rental yield stands at 8.71% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 127.71% and total cumulative return in cash reaches $228,984. For financing, Ziffy Mortgage’s DSCR program evaluates $3,954/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99203, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,294 (100%) |
| Owner Occupied HU | 6,839 (73.6%) |
| Renter Occupied HU | 1,973 (21.2%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $590,981 |
| Average Home Value | $661,266 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,170
Multi-Family
1,114
Businesses
396
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Listed by: Jacob Mack • RE/MAX Centennial
Mls Name: SMLS
Mls Provider:
Mls ID: #202514328
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.