3105 W Rosamond Ave, Spokane, WA, 99224 | $276/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Spokane at 3105 W Rosamond Ave, Spokane, WA, 99224 uses $77,903 cash to close to unlock $3,307/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $1,150/mo payment keeps the spread at $276/mo. Purchase price stands at $235,000, and rental yield measures 8.62% with $1,688/mo rent. Return on cash invested shows 24.15% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 125.39% and total cumulative return in cash records $97,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $1,150/mo payment rather than investor’s personal income.

Single Family

Built in 1942

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Simple, convenient living near the beautiful Finch Arboretum! This close-to-town home with a huge yard and well-maintained living space has everything you need within reach and a clean, quality kitchen. A 2020 roof protects your cozy home, with convenient off-street parking. Enjoy the outdoors just steps away from your home with hikes and trails in the arboretum, or miles of riding on the Fish Lake Trail. A 5-minute drive gets you golfing at Indian Canyon, eating downtown, or exploring Riverside and The Palisades! Don't miss this convenient, cozy charmer on Rosamond!

Neighborhood Data

Neighborhood data shown for ZIP Code: 99224, Spokane, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,817 (100%)
Owner Occupied HU	7,291 (61.7%)
Renter Occupied HU	3,763 (31.8%)
Vacant Housing Units	763 ( 6.5%)
Median Home Value	$565,442
Average Home Value	$579,828