305 E Graves RdSpokaneWA99218
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 305 E Graves Rd, Spokane, WA, 99218 with 5% annual appreciation on a $260,000 basis while $1,700/mo rent supports operations. Total monthly income totals $1,700/mo and a $1,273/mo payment preserves $137/mo for cash returns. Annual cash flow comes to $1,640/yr on $86,190 deployed, and return on cash invested reaches 21.81% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 7.85%. Five-year ROI measures 112.82% and total cumulative return in cash totals $97,241.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,700/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99218, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,688 (100%) |
| Owner Occupied HU | 3,470 (51.9%) |
| Renter Occupied HU | 2,840 (42.5%) |
| Vacant Housing Units | 378 ( 5.7%) |
| Median Home Value | $469,794 |
| Average Home Value | $532,282 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
4,089
Multi-Family
1,865
Businesses
671
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Wilburn • Amplify Real Estate Services
Mls Name: SMLS
Mls ID: #202525957