9002 E Clearview LnSpokaneWA99217
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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 9002 E Clearview Ln, Spokane, WA, 99217 priced at $675,900 pairs $3,735/mo rent with after a $3,308/mo payment. Total monthly income equals $3,735/mo. Return on cash invested is 18.29% in year one, and rental yield stands at 6.63% on a $675,900 basis. Equity gained on principal adds $4,361/yr, and 5% annual appreciation accumulates to $186,739 by year five. Five-year ROI measures 93.91% and total cumulative return in cash reaches $208,833. For financing, Ziffy Mortgage’s DSCR program evaluates $3,735/mo property income against a $3,308/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
4,791 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
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Listed by: Dani Carpenter • Professional Realty Services
Mls Name: SMLS
Mls ID: #202516857