701 E Brady CtSpokaneWA99208
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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 701 E Brady Ct, Spokane, WA, 99208 listed at $345,000 pairs $2,938/mo rent with a $1,689/mo payment to leave $822/mo cash flow. Total monthly income runs $2,938/mo, and annual cash flow reaches $9,861/yr on $114,368 cash to close. Return on cash invested measures 28.53% in year one, and rental yield registers 10.22% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 149% and total cumulative return in cash totals $170,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,938/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.35 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
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Listed by: Matt Side • Realty One Group Eclipse
Mls Name: SMLS
Mls Provider:
Mls ID: #202523418
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.