4513 N Best RdSpokaneWA99216
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 4513 N Best Rd, Spokane, WA, 99216 with 5% annual appreciation on a $325,000 basis while $2,183/mo rent supports operations. Total monthly income totals $2,183/mo and a $1,591/mo payment preserves $192/mo for cash returns. Annual cash flow comes to $2,300/yr on $107,738 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 8.06%. Five-year ROI measures 114.2% and total cumulative return in cash totals $123,037.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,183/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
8,276 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooklyn Connor • eXp Realty, LLC Branch
Mls Name: SMLS
Mls Provider:
Mls ID: #202513382
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.