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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spokane at 3231 W Boone Ave UNIT 924, Spokane, WA, 99201 earns $1,505/mo cash flow from $2,767/mo rent with a $1,028/mo payment. Total monthly income totals $2,767/mo, and annual cash flow totals $18,054/yr on $69,615 capital. ROI tracks 45.84% on current figures, and rental yield reads 15.81% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 241.71% and total cumulative return in cash sums $168,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,767/mo property income instead of your personal income.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99201, Spokane, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 2,235 (23.5%) |
| Renter Occupied HU | 6,240 (65.7%) |
| Vacant Housing Units | 1,025 (10.8%) |
| Median Home Value | $343,053 |
| Average Home Value | $389,719 |
Residential
8,094
Single Family
4,266
Multi-Family
3,828
Businesses
1,825
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $210,000 |
| 2024-06-04 | Listing removed | $220,000 |
| 2024-05-28 | Listed for sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $1326.28 | 21.34% | $137,300 | 22.48% |
| 2022-11-20 | $1093.03 | 15.55% | $112,100 | 30.65% |
| 2021-11-20 | $945.96 | 25.89% | $85,800 | 24.17% |
Listed by: Cambria Henry • Haven Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202422361
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
