306 A StCheneyWA99004
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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
Investment Highlights
Investment property for sale in Cheney at 306 A St, Cheney, WA, 99004 with 5% annual appreciation on a $385,000 basis while $3,151/mo rent supports operations. Total monthly income totals $3,151/mo and a $1,884/mo payment preserves $837/mo for cash returns. Annual cash flow comes to $10,045/yr on $127,628 deployed, and return on cash invested reaches 27.78% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 9.82%. Five-year ROI measures 144.84% and total cumulative return in cash totals $184,858.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,151/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
7,840 sqft 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
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Listed by: Bev Heidecker • Cheney Realty, Inc.
Mls Name: SMLS
Mls ID: #202527284