4907 E 6th Ave #4909SpokaneWA99212
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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 4907 E 6th Ave #4909, Spokane, WA, 99212 earns from $3,000/mo rent with a $2,834/mo payment. Total monthly income totals $3,000/mo. ROI tracks 17.03% on current figures, and rental yield reads 6.22% at a $579,000 purchase. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 over five years. Five-year ROI reaches 87.16% and total cumulative return in cash sums $166,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Multi Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99212, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,158 (100%) |
| Owner Occupied HU | 6,726 (66.2%) |
| Renter Occupied HU | 2,833 (27.9%) |
| Vacant Housing Units | 599 ( 5.9%) |
| Median Home Value | $411,760 |
| Average Home Value | $459,589 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
7,990
Multi-Family
1,197
Businesses
991
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Listed by: Judy Klier • eXp Realty, LLC Branch
Mls Name: SMLS
Mls ID: #202520189