820 E Rowan AveSpokaneWA99207
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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 820 E Rowan Ave, Spokane, WA, 99207 at $385,000 posts ROI 13.16% with from $1,596/mo rent. Total monthly income equals $1,596/mo. Return on cash invested measures 13.16% and rental yield reads 4.97% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 66.45% and total cumulative return in cash totals $84,802. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,596/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1976
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99207, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,587 (100%) |
| Owner Occupied HU | 6,966 (51.3%) |
| Renter Occupied HU | 5,911 (43.5%) |
| Vacant Housing Units | 710 ( 5.2%) |
| Median Home Value | $282,607 |
| Average Home Value | $343,885 |
Housing Distribution
Address Breakdown
Residential
12,625
Single Family
10,853
Multi-Family
1,772
Businesses
932
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Listed by: Donna Wilburn • Amplify Real Estate Services
Mls Name: SMLS
Mls ID: #202524564