437 W Shoshone PlSpokaneWA99203
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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 437 W Shoshone Pl, Spokane, WA, 99203 at $610,000 posts ROI 14.68% with from $2,768/mo rent. Total monthly income equals $2,768/mo. Return on cash invested measures 14.68% and rental yield reads 5.45% at the current $610,000. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,532 by year five. Five-year ROI prints 74.55% and total cumulative return in cash totals $149,611. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,768/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99203, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,294 (100%) |
| Owner Occupied HU | 6,839 (73.6%) |
| Renter Occupied HU | 1,973 (21.2%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $590,981 |
| Average Home Value | $661,266 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,170
Multi-Family
1,114
Businesses
396
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Listed by: Melissa Murphy • Prime Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202521856
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.