35 E Holland AveSpokaneWA99218
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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 35 E Holland Ave, Spokane, WA, 99218 priced at $260,000 converts $1,223/mo rent into after a $1,273/mo obligation. Total monthly income equals $1,223/mo. Return on cash invested prints 15.17% in year one, and rental yield reads 5.64% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 77.21% and total cumulative return in cash sums $66,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,223/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1943
6,098 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
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Listed by: Marcy Martin • M. Martin & CO, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202522357
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.