2417 E Nebraska AveSpokaneWA99208
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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 2417 E Nebraska Ave, Spokane, WA, 99208 earns $398/mo cash flow from $2,381/mo rent with a $1,615/mo payment. Total monthly income totals $2,381/mo, and annual cash flow totals $4,771/yr on $109,362 capital. ROI tracks 24.27% on current figures, and rental yield reads 8.66% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 126.01% and total cumulative return in cash sums $137,811. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,381/mo property income instead of your personal income.
Single Family
Built in 1956
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99208, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,730 (100%) |
| Owner Occupied HU | 16,287 (65.9%) |
| Renter Occupied HU | 7,535 (30.5%) |
| Vacant Housing Units | 908 ( 3.7%) |
| Median Home Value | $496,695 |
| Average Home Value | $537,982 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
18,840
Multi-Family
5,292
Businesses
584
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Listed by: Brenda Tampien • eXp Realty 4 Degrees
Mls Name: SMLS
Mls Provider:
Mls ID: #202517148
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 03:27:09 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#122)