7518 N Excell DrSpokaneWA99208
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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 7518 N Excell Dr, Spokane, WA, 99208 listed at $352,500 pairs $3,218/mo rent with a $1,725/mo payment to leave $1,099/mo cash flow. Total monthly income runs $3,218/mo, and annual cash flow reaches $13,192/yr on $116,854 cash to close. Return on cash invested measures 31.2% in year one, and rental yield registers 10.95% at a $352,500 basis. Equity gained on principal adds $2,275/yr, and annual property appreciation at 5% supports $97,389 by year five. Five-year ROI tracks 163.17% and total cumulative return in cash totals $190,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,218/mo property income relative to a $1,725/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
9,583 sqft 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: Eric Etzel • Choice Realty
Mls Name: SMLS
Mls ID: #202523505