7205 E 4th AveSpokaneWA99212
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 7205 E 4th Ave, Spokane, WA, 99212 in Spokane at $265,000 earns $1,665/mo in rent and nets $27/mo after the $1,192/mo payment, a 7.54% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $73,215 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $2,441/yr in principal paydown, total projected return reaches $102,187.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 4.2% |
| Monthly Cash Flow | $27 | $485 |
City averages based on Spokane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,665 |
| Total Monthly Debt Service | $1,533 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99212, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,158 (100%) |
| Owner Occupied HU | 6,726 (66.2%) |
| Renter Occupied HU | 2,833 (27.9%) |
| Vacant Housing Units | 599 ( 5.9%) |
| Median Home Value | $411,760 |
| Average Home Value | $459,589 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
7,990
Multi-Family
1,197
Businesses
991
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
Single Family
Built in 1939
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99212, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,158 (100%) |
| Owner Occupied HU | 6,726 (66.2%) |
| Renter Occupied HU | 2,833 (27.9%) |
| Vacant Housing Units | 599 ( 5.9%) |
| Median Home Value | $411,760 |
| Average Home Value | $459,589 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
7,990
Multi-Family
1,197
Businesses
991
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Britnie Price • Selkirk Residential
Mls Name: SMLS
Mls Provider:
Mls ID: #202514852
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.