4222 E 23rd AveSpokaneWA99223
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 4222 E 23rd Ave, Spokane, WA, 99223 earns from $2,853/mo rent with a $2,447/mo payment. Total monthly income totals $2,853/mo. ROI tracks 18.81% on current figures, and rental yield reads 6.85% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 96.69% and total cumulative return in cash sums $160,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,853/mo property income instead of your personal income.
Single Family
Built in 2019
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99223, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,445 (100%) |
| Owner Occupied HU | 9,190 (59.5%) |
| Renter Occupied HU | 5,738 (37.2%) |
| Vacant Housing Units | 517 ( 3.3%) |
| Median Home Value | $545,036 |
| Average Home Value | $621,616 |
Housing Distribution
Address Breakdown
Residential
14,564
Single Family
11,355
Multi-Family
3,209
Businesses
708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashlie Hatchitt • Windermere Manito, LLC
Mls Name: SMLS
Mls ID: #202522443