8900 S Mullen Hill Rd #69, Spokane, WA, 99224 | $173/mo Cash Flow

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8900 S Mullen Hill Rd #69, Spokane, WA, 99224 | $173/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Spokane at 8900 S Mullen Hill Rd #69, Spokane, WA, 99224 earns $173/mo cash flow from $823/mo rent with a $529/mo payment. Total monthly income totals $823/mo, and annual cash flow totals $2,081/yr on $35,802 capital. ROI tracks 25.72% on current figures, and rental yield reads 9.14% at a $108,000 purchase. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 over five years. Five-year ROI reaches 133.86% and total cumulative return in cash sums $47,924. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $823/mo property income instead of your personal income.

Manufactured

Built in 1978

435.60 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this 2 bedroom, 2 bathroom double-wide with nearly 1,900 square feet of living space, including a fully screened-in porch. Located in Mullen Hill, an all ages community, this 1978 home offers comfort, privacy, and space both inside and out. Inside you'll find an open layout with newer flooring throughout and a built-in stereo system for entertaining. The kitchen features a new dishwasher, and all appliances will stay. Both bedrooms have en suite bathrooms, and the primary suite features a jetted garden tub and a dedicated vanity area for getting ready. Extensive upgrades within the last few years have been done for your peace of mind including a new AC, new vinyl windows and doors, and a newly redone roof. Outside, youll find the carport offering over 400 square feet of additional space and covered parking, along with a brand-new shed for extra storage. This home is financeable and move-in ready, come see it today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 99224, Spokane, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,817 (100%)
Owner Occupied HU	7,291 (61.7%)
Renter Occupied HU	3,763 (31.8%)
Vacant Housing Units	763 ( 6.5%)
Median Home Value	$565,442
Average Home Value	$579,828