9715 E North Rim LnSpokaneWA99217
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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 9715 E North Rim Ln, Spokane, WA, 99217 listed at $1,335,000 pairs $4,129/mo rent with a $6,534/mo payment. Total monthly income runs $4,129/mo. Return on cash invested measures 8.75% in year one, and rental yield registers 3.71% at a $1,335,000 basis. Equity gained on principal adds $8,615/yr, and annual property appreciation at 5% supports $368,836 by year five. Five-year ROI tracks 42.95% and total cumulative return in cash totals $185,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,129/mo property income relative to a $6,534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
5 Acres lot
$N/A/sqft
$600 annually 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: Leslie Plaksin • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls Provider:
Mls ID: #202516287
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.