8779 W Millsap LnCheneyWA99004
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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 8779 W Millsap Ln, Cheney, WA, 99004 earns from $2,748/mo rent with a $2,192/mo payment. Total monthly income totals $2,748/mo. ROI tracks 19.65% on current figures, and rental yield reads 7.36% at a $447,945 purchase. Equity gained on principal adds $2,891/yr, and 5% annual appreciation supports $123,759 over five years. Five-year ROI reaches 101.46% and total cumulative return in cash sums $150,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,748/mo property income instead of your personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
$264 quarterly 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: Reilly McCourt • D.R. Horton America's Builder
Mls Name: SMLS
Mls Provider:
Mls ID: #202518056
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.