4417 W South Oval RdSpokaneWA99224
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 4417 W South Oval Rd, Spokane, WA, 99224 earns $38/mo cash flow from $2,954/mo rent with a $2,374/mo payment. Total monthly income totals $2,954/mo, and annual cash flow totals $461/yr on $160,778 capital. ROI tracks 20.2% on current figures, and rental yield reads 7.31% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 104.15% and total cumulative return in cash sums $167,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,954/mo property income instead of your personal income.
Single Family
Built in 1977
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99224, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,817 (100%) |
| Owner Occupied HU | 7,291 (61.7%) |
| Renter Occupied HU | 3,763 (31.8%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $565,442 |
| Average Home Value | $579,828 |
Housing Distribution
Address Breakdown
Residential
10,799
Single Family
9,405
Multi-Family
1,394
Businesses
365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lizzy Sartin • John L Scott, Inc.
Mls Name: SMLS
Mls ID: #202524538