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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% |
Rental property for sale in Cheney at 36321 S Bootstrap Ln LOT D, Cheney, WA, 99004 generates $2,400/mo in rent, after a $3,891/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 9.15% in year one, and rental yield is 3.62% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 44.87% and total cumulative return in cash sums $117,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
11.87 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 price properties found nearby.
Listed by: Kyle Krug • John L Scott, Inc.
Mls Name: SMLS
Mls ID: #202521522
