118 Faye StMullanID83846
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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 Mullan at 118 Faye St, Mullan, ID, 83846 uses $66,267 cash to close to unlock $4,205/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $978/mo payment keeps the spread at $350/mo. Purchase price stands at $199,900, and rental yield measures 9% with $1,500/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 136.32% and total cumulative return in cash records $90,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83846, Mullan, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 274 (58.4%) |
| Renter Occupied HU | 87 (18.6%) |
| Vacant Housing Units | 108 (23.0%) |
| Median Home Value | $236,792 |
| Average Home Value | $286,195 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
20
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