Fix and Flip Properties in Spokane, WA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in Spokane, WA

Why Invest in Spokane, Washington?

Spokane, WA offers strong potential for **fix-and-flip** investments amid a balanced 2026 housing market with rising home prices around $386,000 and average rents at $1,400. Modest appreciation of 2-3% supports quick turnarounds, while low inventory and steady demand from population growth enhance resale opportunities. Cap rates hover around 6-7%, with rental yields providing fallback cash flow if flips extend. Investor focus on emerging neighborhoods near infrastructure boosts ROI in this stable, neutral market.

12.5%
Avg. ROI
5.8%
Rental Yield
6.2%
Cap Rate
$285/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
2.3%
1Y Appreciation

Frequently Asked Questions

Yes, Spokane's balanced market with 2-3% appreciation and low inventory favors fix-and-flip strategies, especially under $400k homes. Focus on emerging neighborhoods for quick resales. Demand from local buyers and relocators supports profits.

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