KERRY Plan, Needham HillCheneyWA99004
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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
Rental property for sale in Cheney at KERRY Plan, Needham Hill, Cheney, WA, 99004 priced at $392,995 converts $2,400/mo rent into $37/mo cash flow after a $1,924/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $446/yr on $130,278 invested. Return on cash invested prints 20.25% in year one, and rental yield reads 7.33% against a $392,995 entry. Equity gained on principal adds $2,536/yr, while 5% annual appreciation compiles into $108,577 by year five. Five-year ROI reaches 104.47% and total cumulative return in cash sums $136,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,924/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A