1030 Wheatland RdKendrickID83537
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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 Kendrick at 1030 Wheatland Rd, Kendrick, ID, 83537 generates $2,668/mo in rent, after a $2,692/mo payment. Total monthly income is $2,668/mo. Return on cash invested sits at 16.77% in year one, and rental yield is 5.82% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 85.39% and total cumulative return in cash sums $154,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,668/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83537, Kendrick, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 473 (71.8%) |
| Renter Occupied HU | 68 (10.3%) |
| Vacant Housing Units | 118 (17.9%) |
| Median Home Value | $352,500 |
| Average Home Value | $381,136 |
Housing Distribution
Address Breakdown
Residential
433
Single Family
433
Multi-Family
0
Businesses
50
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