9601 N Ivanhoe RdSpokaneWA99218
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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 9601 N Ivanhoe Rd, Spokane, WA, 99218 earns from $1,194/mo rent with a $1,344/mo payment. Total monthly income totals $1,194/mo. ROI tracks 13.89% on current figures, and rental yield reads 5.22% at a $274,500 purchase. Equity gained on principal adds $1,771/yr, and 5% annual appreciation supports $75,839 over five years. Five-year ROI reaches 70.35% and total cumulative return in cash sums $64,018. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Single Family
Built in 1946
10,454 sqft 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: John Leland • Upward Advisors
Mls Name: SMLS
Mls ID: #202610168