735 S Sherman StSpokaneWA99202
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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 735 S Sherman St, Spokane, WA, 99202 with 5% annual appreciation on a $133,000 basis while $1,768/mo rent supports operations. Total monthly income totals $1,768/mo and a $651/mo payment preserves $955/mo for cash returns. Annual cash flow comes to $11,458/yr on $44,090 deployed, and return on cash invested reaches 45.9% in year one. Equity gained on principal adds $858/yr, and five-year appreciation sums $36,745 alongside rental yield of 15.95%. Five-year ROI measures 242.12% and total cumulative return in cash totals $106,749.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,768/mo property income versus a $651/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: 99202, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,648 (100%) |
| Owner Occupied HU | 3,704 (42.8%) |
| Renter Occupied HU | 4,322 (50.0%) |
| Vacant Housing Units | 622 ( 7.2%) |
| Median Home Value | $370,265 |
| Average Home Value | $404,692 |
Housing Distribution
Address Breakdown
Residential
8,460
Single Family
6,240
Multi-Family
2,220
Businesses
1,448
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A