Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Cheney at 18901 W Highway 904 Hwy, Cheney, WA, 99004 generates $1,440/mo in rent, after a $2,031/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 10.71% in year one, and rental yield is 4.16% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 53.29% and total cumulative return in cash sums $73,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
19.96 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99004, Cheney, WA area.
| 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 |
Residential
9,380
Single Family
7,782
Multi-Family
1,598
Businesses
327
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Sold | $415,000 |
| 2025-06-16 | Pending sale | $399,000 |
| 2025-06-09 | Price change | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Danielle Labar • Touchstone Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202516682
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 23:27:41 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#122)
