924 E Bedivere DrSpokaneWA99218
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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 924 E Bedivere Dr, Spokane, WA, 99218 uses $112,379 cash to close to unlock $2,681/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $2,261/mo, and a $1,659/mo payment keeps the spread at $223/mo. Purchase price stands at $339,000, and rental yield measures 8% with $2,261/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 115.42% and total cumulative return in cash records $129,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,261/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Multi Family
Built in 1976
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99218, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,688 (100%) |
| Owner Occupied HU | 3,470 (51.9%) |
| Renter Occupied HU | 2,840 (42.5%) |
| Vacant Housing Units | 378 ( 5.7%) |
| Median Home Value | $469,794 |
| Average Home Value | $532,282 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
4,089
Multi-Family
1,865
Businesses
671
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Listed by: Stoddard Hodgson • R.H. Cooke & Associates
Mls Name: SMLS
Mls ID: #202527537