1006 N A StParmaID83660
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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 Parma at 1006 N A St, Parma, ID, 83660 generates $1,387/mo in rent and, after a $563/mo payment, leaves $725/mo in cash flow. Total monthly income is $1,387/mo, and annual cash flow is $8,703/yr on $38,123 invested. Return on cash invested sits at 42.74% in year one, and rental yield is 14.47% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 224.84% and total cumulative return in cash sums $85,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,387/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83660, Parma, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 1,829 (75.7%) |
| Renter Occupied HU | 468 (19.4%) |
| Vacant Housing Units | 120 ( 5.0%) |
| Median Home Value | $466,477 |
| Average Home Value | $523,090 |
Housing Distribution
Address Breakdown
Residential
2,146
Single Family
2,146
Multi-Family
0
Businesses
130
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Listed by: Georgina De La Cruz • True North Real Estate Group, LLC
Mls Name: IMLS
Mls Provider:
Mls ID: #98917550
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.