7013 S Hyton StreetCheneyWA99004
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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 7013 S Hyton Street, Cheney, WA, 99004 offers a 6.99% rental yield on a $489,999 purchase with $2,856/mo rent. 25% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 99.06% and total cumulative return in cash at $160,908. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,856/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7,701 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: Michael Jerabek • Michael J Real Estate LLC
Mls Name: NWMLS
Mls ID: #2456791