109 N Lockout LnFernwoodID83830
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Nearby investment properties with comparable prices
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 Fernwood at 109 N Lockout Ln, Fernwood, ID, 83830 offers $3,599/mo rent that, after a $2,932/mo payment, leaves $153/mo cash flow. Total monthly income is $3,599/mo, and annual cash flow is $1,834/yr on $197,071 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 7.21% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 108.03% and total cumulative return in cash reaches $212,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,599/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83830, Fernwood, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 205 (70.2%) |
| Renter Occupied HU | 41 (14.0%) |
| Vacant Housing Units | 46 (15.8%) |
| Median Home Value | $273,780 |
| Average Home Value | $340,171 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
12
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Listed by: Brian Kay • KELLER WILLIAMS CDA
Mls Name: SELMLS
Mls Provider:
Mls ID: #20250125
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.