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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 2315 Sunrise Dr, Cheney, WA, 99004 uses $129,268 cash to close to unlock $667/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,909/mo payment keeps the spread at $56/mo. Purchase price stands at $389,950, and rental yield measures 7.39% with $2,400/mo rent. Return on cash invested shows 20.42% in year one, and 5% annual appreciation builds toward $107,736 over five years. Five-year ROI reaches 105.38% and total cumulative return in cash records $136,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,969 sqft 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 | ||||
Listed by: Sean Mims • Lennar Northwest, LLC
Mls Name: SMLS
Mls ID: #202425827
