3908 E Pacific 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 3908 E Pacific Ave, Spokane, WA, 99202 uses $87,848 cash to close to unlock $3,229/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $1,862/mo, and a $1,297/mo payment keeps the spread at $269/mo. Purchase price stands at $265,000, and rental yield measures 8.43% with $1,862/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash records $107,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,862/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1941
6,534 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: Errin Ford • Windermere Coeur d'Alene Realt
Mls Name: SMLS
Mls ID: #202526441