4017 E Pratt AveSpokaneWA99202
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Spokane rental at 4017 E Pratt Ave, Spokane, WA, 99202 sits in the solid-income band: 7.97% gross yield, $2,654/mo rent, $251/mo net after the $1,798/mo debt service, DSCR 1.48. Entry price of $399,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $110,485 and $3,683/yr in principal reduction bring total cumulative return to $167,473.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.2% |
| Monthly Cash Flow | $251 | $485 |
City averages based on Spokane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,654 |
| Total Monthly Debt Service | $2,245 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
7,840 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
Nearby investment properties with comparable rents
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
Single Family
Built in 1954
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alejandro Ventura • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202522079