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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cheney at 20902 S Ritchey Rd, Cheney, WA, 99004 listed at $739,900 pairs $2,748/mo rent with a $3,621/mo payment. Total monthly income runs $2,748/mo. Return on cash invested measures 11.68% in year one, and rental yield registers 4.46% at a $739,900 basis. Equity gained on principal adds $4,774/yr, and annual property appreciation at 5% supports $204,421 by year five. Five-year ROI tracks 58.46% and total cumulative return in cash totals $142,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,748/mo property income relative to a $3,621/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
20 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Marcy Martin • M. Martin & CO, LLC
Mls Name: SMLS
Mls ID: #202521849
