507 S Howard St, Spokane, WA, 99204 | Equity Gain $27,425/yr

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1377 sft

11303 E Jackson Ave SPACE 32, Spokane, WA, 99206

1 Bed
1 Bath
- sft

1821 W 8th Ave APT 5, Spokane, WA, 99204

3 Bed
2 Bath
1568 sft

3110 E Chattaroy Rd TRLR 74, Chattaroy, WA, 99003

3 Bed
2 Bath
1568 sft

3110 E Chattaroy Rd TRAILER 107, Chattaroy, WA, 99003

Nearby investment properties with comparable prices

6 Bed
8 Bath
8304 sft

14107 N Boulder Park Ln, Spokane, WA, 99208

4 Bed
6 Bath
11907 sft

615 E 16th Ave, Spokane, WA, 99203

39 Bed
38 Bath
- sft

201-312 S Woodlawn Ln, Spokane, WA, 99216

6 Bed
9 Bath
10788 sft

7525 S Regal Rd, Spokane, WA, 99223

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Spokane at 507 S Howard St, Spokane, WA, 99204 projects strong ROI of -0.47%. Rental yield 0.46%. With 5% annual appreciation, the property builds $1,174,197 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Multi Family

Built in 1912

0.32 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 99204, Spokane, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,509 (100%)
Owner Occupied HU	1,067 (23.7%)
Renter Occupied HU	2,908 (64.5%)
Vacant Housing Units	534 (11.8%)
Median Home Value	$429,745
Average Home Value	$469,688