317 Peach Tree Ct, Cheney, WA, 99004 | 5.7% Rental Yield

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317 Peach Tree Ct, Cheney, WA, 99004 | 5.7% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cheney at 317 Peach Tree Ct, Cheney, WA, 99004 offers a 5.7% rental yield on a $504,990 purchase with $2,400/mo rent. 47% in year one. Equity gained on principal adds $3,259/yr while 5% annual appreciation supports $139,519 over five years. Portfolio math shows five-year ROI at 78.78% and total cumulative return in cash at $130,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,472/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

At 1800 square feet, the Orchard is an efficiently-designed, mid-sized single level home offering both space and comfort.The open kitchen is a chefs dream, with counter space galore and plenty of cupboard storage.The expansive living room and adjoining dining area complete this eating and entertainment space, with the added appeal of an optional desk or beverage center.The spacious and private main suite boasts a dual vanity bathroom, separate shower and an enormous closet. The other two sizable bedrooms, one of which can be converted into a den or office, share a second bathroom. An additional feature of this already spacious home is the optional fourth bedroom. Photos and floorplan are of a similar home. Upgrades and selections shown may vary. Contact Agent for specific details.

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