1111 Ballard LnKimberlyID83341
Nearby investment properties with comparable rents
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 Kimberly at 1111 Ballard Ln, Kimberly, ID, 83341 offers $3,056/mo rent that, after a $2,814/mo payment. Total monthly income is $3,056/mo. Return on cash invested measures 18.37% in year one, and rental yield stands at 6.38% at a $574,900 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,834 by year five. Five-year ROI records 94.02% and total cumulative return in cash reaches $177,831. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,056/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.26 Acres lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83341, Kimberly, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,386 (100%) |
| Owner Occupied HU | 2,772 (81.9%) |
| Renter Occupied HU | 520 (15.4%) |
| Vacant Housing Units | 94 ( 2.8%) |
| Median Home Value | $422,986 |
| Average Home Value | $487,844 |
Housing Distribution
Address Breakdown
Residential
3,222
Single Family
3,222
Multi-Family
0
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carissa Morgan • IdaHome Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98940359
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.