414 W Rolland AveSpokaneWA99218
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
Investment Highlights
Investment property for sale in Spokane at 414 W Rolland Ave, Spokane, WA, 99218 earns $51/mo cash flow from $2,750/mo rent with a $2,198/mo payment. Total monthly income totals $2,750/mo, and annual cash flow totals $607/yr on $148,844 capital. ROI tracks 20.32% on current figures, and rental yield reads 7.35% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 104.8% and total cumulative return in cash sums $155,992. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,750/mo property income instead of your personal income.
Single Family
Built in 1979
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99218, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,688 (100%) |
| Owner Occupied HU | 3,470 (51.9%) |
| Renter Occupied HU | 2,840 (42.5%) |
| Vacant Housing Units | 378 ( 5.7%) |
| Median Home Value | $469,794 |
| Average Home Value | $532,282 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
4,089
Multi-Family
1,865
Businesses
671
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rich Mickey • Deese Real Estate
Mls Name: SMLS
Mls ID: #202526529