4315 N Evergreen RdSpokaneWA99216
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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 4315 N Evergreen Rd, Spokane, WA, 99216 uses $128,954 cash to close to unlock $5,059/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,904/mo payment keeps the spread at $422/mo. Purchase price stands at $389,000, and rental yield measures 8.51% with $2,760/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 123.66% and total cumulative return in cash records $159,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99216, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,047 (100%) |
| Owner Occupied HU | 6,611 (47.1%) |
| Renter Occupied HU | 6,698 (47.7%) |
| Vacant Housing Units | 738 ( 5.3%) |
| Median Home Value | $429,870 |
| Average Home Value | $486,616 |
Housing Distribution
Address Breakdown
Residential
12,992
Single Family
8,075
Multi-Family
4,917
Businesses
1,059
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Listed by: Marcy Singleton • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202611272