1155 Michigan AveOrofinoID83544
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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 Orofino at 1155 Michigan Ave, Orofino, ID, 83544 generates $2,081/mo in rent, after a $1,816/mo payment. Total monthly income is $2,081/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 6.73% on a $371,000 entry. Equity gained on principal adds $2,394/yr, while 5% annual appreciation builds toward $102,500 over five years. Five-year ROI reaches 99.48% and total cumulative return in cash sums $122,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,081/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83544, Orofino, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,063 (100%) |
| Owner Occupied HU | 1,988 (64.9%) |
| Renter Occupied HU | 551 (18.0%) |
| Vacant Housing Units | 524 (17.1%) |
| Median Home Value | $344,040 |
| Average Home Value | $400,513 |
Housing Distribution
Address Breakdown
Residential
1,918
Single Family
1,918
Multi-Family
0
Businesses
250
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