811 E Dalke AveSpokaneWA99208
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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
Rental property for sale in Spokane at 811 E Dalke Ave, Spokane, WA, 99208 priced at $250,800 pairs $1,878/mo rent with $370/mo cash flow after a $1,228/mo payment. Total monthly income equals $1,878/mo, and annual cash flow comes to $4,439/yr on $83,140 invested. Return on cash invested is 25.25% in year one, and rental yield stands at 8.99% on a $250,800 basis. Equity gained on principal adds $1,618/yr, and 5% annual appreciation accumulates to $69,291 by year five. Five-year ROI measures 131.24% and total cumulative return in cash reaches $109,113. For financing, Ziffy Mortgage’s DSCR program evaluates $1,878/mo property income against a $1,228/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
6,098 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: Joel Haywood • Heart and Homes NW Realty
Mls Name: SMLS
Mls ID: #202610571