107 McCulloch DrWest MagicID83352
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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 West Magic at 107 McCulloch Dr, West Magic, ID, 83352 uses $34,774 cash to close to unlock $21,036/yr annual cash flow and $1,753/mo monthly cash flow. Total monthly income runs $2,356/mo, and a $513/mo payment keeps the spread at $1,753/mo. Purchase price stands at $104,900, and rental yield measures 26.95% with $2,356/mo rent. Return on cash invested shows 80.4% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 426.64% and total cumulative return in cash records $148,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,356/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1940
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83352, Shoshone, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 943 (61.6%) |
| Renter Occupied HU | 402 (26.3%) |
| Vacant Housing Units | 185 (12.1%) |
| Median Home Value | $290,421 |
| Average Home Value | $364,616 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
89
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Listed by: Joss Grandeau • Magic Valley Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98912207
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.