520 S Bowdish RdSpokaneWA99206
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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 520 S Bowdish Rd, Spokane, WA, 99206 uses $106,080 cash to close to unlock $2,623/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $2,151/mo, and a $1,566/mo payment keeps the spread at $219/mo. Purchase price stands at $320,000, and rental yield measures 8.07% with $2,151/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 115.91% and total cumulative return in cash records $122,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,151/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99206, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,686 (100%) |
| Owner Occupied HU | 9,994 (59.9%) |
| Renter Occupied HU | 6,076 (36.4%) |
| Vacant Housing Units | 616 ( 3.7%) |
| Median Home Value | $454,247 |
| Average Home Value | $495,755 |
Housing Distribution
Address Breakdown
Residential
16,396
Single Family
13,592
Multi-Family
2,804
Businesses
1,164
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Listed by: Alejo Moreno • Heart and Homes NW Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #202519323
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.