2711 S Pittsburg StSpokaneWA99203
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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 2711 S Pittsburg St, Spokane, WA, 99203 priced at $965,000 pairs $2,842/mo rent with after a $4,723/mo payment. Total monthly income equals $2,842/mo. Return on cash invested is 8.88% in year one, and rental yield stands at 3.53% on a $965,000 basis. Equity gained on principal adds $6,227/yr, and 5% annual appreciation accumulates to $266,612 by year five. Five-year ROI measures 43.42% and total cumulative return in cash reaches $137,839. For financing, Ziffy Mortgage’s DSCR program evaluates $2,842/mo property income against a $4,723/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.37 Acres 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: Patricia O'callaghan • CENTURY 21 Beutler & Associates
Mls Name: SMLS
Mls ID: #202522517