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 633 W 5th St, Cheney, WA, 99004 generates $2,748/mo in rent and, after a $1,909/mo payment, leaves $404/mo in cash flow. Total monthly income is $2,748/mo, and annual cash flow is $4,842/yr on $129,285 invested. Return on cash invested sits at 23.65% in year one, and rental yield is 8.46% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 122.7% and total cumulative return in cash sums $158,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,748/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,405 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 |
|---|---|---|
| 2025-03-03 | Listed for sale | $390,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-04 | $2808.54 | 18.45% | $300,000 | 6.12% |
| 2022-03-04 | $2371.14 | 1.40% | $282,700 | 28.50% |
| 2021-03-04 | $2338.45 | 10.44% | $220,000 | 26.95% |
Listed by: Angela Striker • Touchstone Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202512582
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
