Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spokane at 6315 W Thorpe Rd, Spokane, WA, 99224 earns $657/mo cash flow from $2,211/mo rent with a $1,224/mo payment. Total monthly income totals $2,211/mo, and annual cash flow totals $7,884/yr on $82,875 capital. ROI tracks 29.42% on current figures, and rental yield reads 10.61% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 153.86% and total cumulative return in cash sums $127,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,211/mo property income instead of your personal income.
Single Family
Built in 1979
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99224, Spokane, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,817 (100%) |
| Owner Occupied HU | 7,291 (61.7%) |
| Renter Occupied HU | 3,763 (31.8%) |
| Vacant Housing Units | 763 ( 6.5%) |
| Median Home Value | $565,442 |
| Average Home Value | $579,828 |
Residential
10,799
Single Family
9,405
Multi-Family
1,394
Businesses
365
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $2710.21 | N/A | $303,900 | 0.13% |
| 2023-04-10 | $2710.21 | 13.36% | $303,500 | 8.59% |
| 2022-04-10 | $2390.79 | -1.14% | $279,500 | 30.42% |
Listed by: Robyn Miller • REAL Broker LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202514652
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.
