820 N Post St APT 301SpokaneWA99201
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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
Total monthly income runs $2,548/mo, and a $6,754/mo payment. Purchase price stands at $1,380,000, and rental yield measures 2.22% with $2,548/mo rent. Return on cash invested shows 4.95% in year one, and 5% annual appreciation builds toward $381,269 over five years. Five-year ROI reaches 22.26% and total cumulative return in cash records $99,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,548/mo property income covering a $6,754/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99201, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,500 (100%) |
| Owner Occupied HU | 2,235 (23.5%) |
| Renter Occupied HU | 6,240 (65.7%) |
| Vacant Housing Units | 1,025 (10.8%) |
| Median Home Value | $343,053 |
| Average Home Value | $389,719 |
Housing Distribution
Address Breakdown
Residential
8,094
Single Family
4,266
Multi-Family
3,828
Businesses
1,825
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Listed by: Kathy Amistoso Main • RE/MAX of Spokane
Mls Name: SMLS
Mls ID: #202521294