3324 E Marietta AveSpokaneWA99217
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 3324 E Marietta Ave, Spokane, WA, 99217 earns $496/mo cash flow from $2,274/mo rent with a $1,448/mo payment. Total monthly income totals $2,274/mo, and annual cash flow totals $5,947/yr on $98,091 capital. ROI tracks 25.97% on current figures, and rental yield reads 9.22% at a $295,900 purchase. Equity gained on principal adds $1,909/yr, and 5% annual appreciation supports $81,752 over five years. Five-year ROI reaches 135.13% and total cumulative return in cash sums $132,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,274/mo property income instead of your personal income.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99217, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 5,098 (58.0%) |
| Renter Occupied HU | 3,318 (37.7%) |
| Vacant Housing Units | 381 ( 4.3%) |
| Median Home Value | $381,940 |
| Average Home Value | $452,952 |
Housing Distribution
Address Breakdown
Residential
7,663
Single Family
7,059
Multi-Family
604
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rich Mickey • Deese Real Estate
Mls Name: SMLS
Mls ID: #202527529