6305 S Pittsburg StSpokaneWA99223
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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 6305 S Pittsburg St, Spokane, WA, 99223 with 5% annual appreciation on a $375,000 basis while $4,592/mo rent supports operations. Total monthly income totals $4,592/mo and a $1,835/mo payment preserves $2,214/mo for cash returns. Annual cash flow comes to $26,566/yr on $124,313 deployed, and return on cash invested reaches 41.28% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 14.69%. Five-year ROI measures 217.63% and total cumulative return in cash totals $270,543.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,592/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99223, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,445 (100%) |
| Owner Occupied HU | 9,190 (59.5%) |
| Renter Occupied HU | 5,738 (37.2%) |
| Vacant Housing Units | 517 ( 3.3%) |
| Median Home Value | $545,036 |
| Average Home Value | $621,616 |
Housing Distribution
Address Breakdown
Residential
14,564
Single Family
11,355
Multi-Family
3,209
Businesses
708
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A