109 E Stewart AveParmaID83660
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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 109 E Stewart Ave, Parma, ID, 83660 priced at $339,000 converts $2,215/mo rent into $265/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,215/mo, and annual cash flow totals $3,180/yr on $112,379 invested. Return on cash invested prints 22.74% in year one, and rental yield reads 7.84% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 117.5% and total cumulative return in cash sums $132,040. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,215/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Manufactured
Built in 1994
6,969 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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