3907 E 8th AveSpokaneWA99202
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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
Investment property for sale in Spokane at 3907 E 8th Ave, Spokane, WA, 99202 earns $154/mo cash flow from $1,927/mo rent with a $1,444/mo payment. Total monthly income totals $1,927/mo, and annual cash flow totals $1,843/yr on $97,793 capital. ROI tracks 21.79% on current figures, and rental yield reads 7.84% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 112.71% and total cumulative return in cash sums $110,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,927/mo property income instead of your personal income.
Single Family
Built in 1972
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99202, Spokane, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,460
Single Family
6,240
Multi-Family
2,220
Businesses
1,448
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Listed by: Jim McGuffin • REAL Broker LLC
Mls Name: SMLS
Mls ID: #202522431