10510 W Richland Rd LOT 86, Cheney, WA, 99004 | $657/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cheney at 10510 W Richland Rd LOT 86, Cheney, WA, 99004 uses $96,135 cash to close to unlock $7,886/yr annual cash flow and $657/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,419/mo payment keeps the spread at $657/mo. Purchase price stands at $290,000, and rental yield measures 9.93% with $2,400/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 146.64% and total cumulative return in cash records $140,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Manufactured

Built in 2019

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

2019 Manufactured home on oversized lot. 1593 sqft - 3 Bed, 2Bath with 2 stall Carport in gated and fenced community. Conveniently located within the West Terrace area, offering easy access to I-90 and 10 minutes to downtown and 15 minutes to Fairchild AFB. This home offers an Open floor plan with vaulted ceilings in the family room. Entertaining kitchen with island kitchen counter. Large primary bedroom with attached Bath featuring double sinks, shower, and a garden tub. The Fenced yard is private and offers plenty of storage in the garden shed. Additional features are the covered BBQ area, raised flower beads , and easy care yard. Community maintains the common areas and snow removal. VA loan is assumable.

Neighborhood Data

Neighborhood data shown for ZIP Code: 99004, Cheney, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,338 (100%)
Owner Occupied HU	5,243 (50.7%)
Renter Occupied HU	4,217 (40.8%)
Vacant Housing Units	878 ( 8.5%)
Median Home Value	$527,548
Average Home Value	$629,273