8412 E Bull Pine LnSpokaneWA99217
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 8412 E Bull Pine Ln, Spokane, WA, 99217 offers a 7.84% rental yield on a $525,000 purchase with $3,431/mo rent. Total monthly income registers $3,431/mo, and a $2,570/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,297/yr on $172,725 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 113.62% and total cumulative return in cash at $196,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,431/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99217, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 5,098 (58.0%) |
| Renter Occupied HU | 3,318 (37.7%) |
| Vacant Housing Units | 381 ( 4.3%) |
| Median Home Value | $381,940 |
| Average Home Value | $452,952 |
Housing Distribution
Address Breakdown
Residential
7,663
Single Family
7,059
Multi-Family
604
Businesses
553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Marchand • Keller Williams Spokane - Main
Mls Name: SMLS
Mls ID: #202518409