Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 624 Lincoln St, Cheney, WA, 99004 priced at $292,250 pairs $2,076/mo rent with $320/mo cash flow after a $1,430/mo payment. Total monthly income equals $2,076/mo, and annual cash flow comes to $3,836/yr on $96,881 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 8.52% on a $292,250 basis. Equity gained on principal adds $1,886/yr, and 5% annual appreciation accumulates to $80,743 by year five. Five-year ROI measures 123.85% and total cumulative return in cash reaches $119,991. For financing, Ziffy Mortgage’s DSCR program evaluates $2,076/mo property income against a $1,430/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
0.33 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 |
|---|---|---|
| 2025-08-29 | Sold | $292,250 |
| 2025-07-30 | Pending sale | $295,000 |
| 2025-07-25 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | N/A | N/A | $239,700 | -3.27% |
| 2023-10-26 | $2321.92 | 12.68% | $247,800 | 0.94% |
| 2022-10-26 | $2060.69 | 25.62% | $245,500 | 63.45% |
Listed by: Kylie Richard • Keller Williams Spokane - Main
Mls Name: SMLS
Mls Provider:
Mls ID: #202521211
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 03:32:47 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#122)
