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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 368 E 9th Ave, Spokane, WA, 99202 at $275,000 posts ROI 23.69% with $287/mo cash flow from $1,940/mo rent. Total monthly income equals $1,940/mo, and annual cash flow records $3,443/yr on $91,163 to close. Return on cash invested measures 23.69% and rental yield reads 8.47% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 122.85% and total cumulative return in cash totals $111,995.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,940/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99202, Spokane, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,648 (100%) |
| Owner Occupied HU | 3,704 (42.8%) |
| Renter Occupied HU | 4,322 (50.0%) |
| Vacant Housing Units | 622 ( 7.2%) |
| Median Home Value | $370,265 |
| Average Home Value | $404,692 |
Residential
8,460
Single Family
6,240
Multi-Family
2,220
Businesses
1,448
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $275,000 |
| 2025-01-07 | Sold | $169,000 |
| 2024-09-26 | Sold | $167,057 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $2287.64 | N/A | $246,700 | 4.71% |
| 2023-04-16 | $2287.64 | -4.09% | $235,600 | -3.20% |
| 2022-04-16 | $2385.11 | 22.47% | $243,400 | 32.29% |
Listed by: Brenda Mckinley • Windermere Valley
Mls Name: SMLS
Mls Provider:
Mls ID: #202515025
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.
