6519 W Kitsap DrSpokaneWA99208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6519 W Kitsap Dr, Spokane, WA, 99208 earns from $2,977/mo rent with a $4,650/mo payment. Total monthly income totals $2,977/mo. ROI tracks 9.32% on current figures, and rental yield reads 3.76% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 45.9% and total cumulative return in cash sums $143,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,977/mo property income instead of your personal income.
Single Family
Built in 1996
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99208, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,730 (100%) |
| Owner Occupied HU | 16,287 (65.9%) |
| Renter Occupied HU | 7,535 (30.5%) |
| Vacant Housing Units | 908 ( 3.7%) |
| Median Home Value | $496,695 |
| Average Home Value | $537,982 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
18,840
Multi-Family
5,292
Businesses
584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Bich • Coldwell Banker Tomlinson
Mls Name: SMLS
Mls Provider:
Mls ID: #202514913
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.