223 7th StCheneyWA99004
Nearby investment properties with comparable rents
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 Cheney at 223 7th St, Cheney, WA, 99004 at $415,000 posts ROI 16.54% with from $2,108/mo rent. Total monthly income equals $2,108/mo. Return on cash invested measures 16.54% and rental yield reads 6.1% at the current $415,000. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 by year five. Five-year ROI prints 84.54% and total cumulative return in cash totals $116,301. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,108/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
0.25 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,380
Single Family
7,782
Multi-Family
1,598
Businesses
327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rob Hudkins • REAL Broker LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202513900
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.