4706 W Lex AveSpokaneWA99208
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 4706 W Lex Ave, Spokane, WA, 99208 listed at $370,600 pairs $3,840/mo rent with a $1,814/mo payment to leave $1,565/mo cash flow. Total monthly income runs $3,840/mo, and annual cash flow reaches $18,783/yr on $122,854 cash to close. Return on cash invested measures 35.2% in year one, and rental yield registers 12.43% at a $370,600 basis. Equity gained on principal adds $2,391/yr, and annual property appreciation at 5% supports $102,390 by year five. Five-year ROI tracks 184.78% and total cumulative return in cash totals $227,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,840/mo property income relative to a $1,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99208, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,730 (100%) |
| Owner Occupied HU | 16,287 (65.9%) |
| Renter Occupied HU | 7,535 (30.5%) |
| Vacant Housing Units | 908 ( 3.7%) |
| Median Home Value | $496,695 |
| Average Home Value | $537,982 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
18,840
Multi-Family
5,292
Businesses
584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Toll Brothers Inc.
Mls Provider:
Mls ID: #N/A