2607 N Crestline StSpokaneWA99207
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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 2607 N Crestline St, Spokane, WA, 99207 uses $101,108 cash to close to unlock $3,845/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,493/mo payment keeps the spread at $320/mo. Purchase price stands at $305,000, and rental yield measures 8.47% with $2,154/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 123.02% and total cumulative return in cash records $124,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1939
6,969 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
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Listed by: Blythe Thimsen • Windermere City Group
Mls Name: SMLS
Mls ID: #202610060