7620 E Ruby Island LnSpokaneWA99212
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 7620 E Ruby Island Ln, Spokane, WA, 99212 earns from $3,000/mo rent with a $3,282/mo payment. Total monthly income totals $3,000/mo. ROI tracks 14.45% on current figures, and rental yield reads 5.37% at a $670,500 purchase. Equity gained on principal adds $4,327/yr, and 5% annual appreciation supports $185,247 over five years. Five-year ROI reaches 73.33% and total cumulative return in cash sums $161,766. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 2012
0.32 Acres 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: Seth Maefsky • Keller Williams Realty Coeur d
Mls Name: SMLS
Mls ID: #202610047