3710 E Ermina AveSpokaneWA99217
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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 3710 E Ermina Ave, Spokane, WA, 99217 earns $358/mo cash flow from $2,158/mo rent with a $1,466/mo payment. Total monthly income totals $2,158/mo, and annual cash flow totals $4,291/yr on $99,284 capital. ROI tracks 24.23% on current figures, and rental yield reads 8.65% at a $299,500 purchase. Equity gained on principal adds $1,933/yr, and 5% annual appreciation supports $82,746 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash sums $124,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,158/mo property income instead of your personal income.
Single Family
Built in 1954
7,405 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
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Listed by: Gayle Earling • Windermere Valley
Mls Name: SMLS
Mls ID: #202525092