7311 S Dour StCheneyWA99004
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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 7311 S Dour St, Cheney, WA, 99004 at $400,000 posts ROI 19.96% with $5/mo cash flow from $2,425/mo rent. Total monthly income equals $2,425/mo, and annual cash flow records $64/yr on $132,600 to close. Return on cash invested measures 19.96% and rental yield reads 7.27% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 102.94% and total cumulative return in cash totals $136,504.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,425/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
6,969 sqft lot
$N/A/sqft
$180 annually 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: Travis Litras • John L Scott, Spokane Valley
Mls Name: SMLS
Mls Provider:
Mls ID: #202513312
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.