5209 E Frederick AveSpokaneWA99217
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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 5209 E Frederick Ave, Spokane, WA, 99217 listed at $331,995 pairs $2,274/mo rent with a $1,625/mo payment to leave $28/mo cash flow. Total monthly income runs $2,274/mo, and annual cash flow reaches $339/yr on $110,056 cash to close. Return on cash invested measures 20.22% in year one, and rental yield registers 8.22% at a $331,995 basis. Equity gained on principal adds $2,142/yr, and annual property appreciation at 5% supports $91,724 by year five. Five-year ROI tracks 105.27% and total cumulative return in cash totals $115,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $1,625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
3,049 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99217, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 5,098 (58.0%) |
| Renter Occupied HU | 3,318 (37.7%) |
| Vacant Housing Units | 381 ( 4.3%) |
| Median Home Value | $381,940 |
| Average Home Value | $452,952 |
Housing Distribution
Address Breakdown
Residential
7,663
Single Family
7,059
Multi-Family
604
Businesses
553
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Listed by: Karver Pate • D.R. Horton America's Builder
Mls Name: SMLS
Mls Provider:
Mls ID: #202520966
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.