120 N Main StHomedaleID83628
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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 Homedale at 120 N Main St, Homedale, ID, 83628 offers $1,500/mo rent that, after a $1,855/mo payment. Total monthly income is $1,500/mo. Return on cash invested measures 13.41% in year one, and rental yield stands at 4.75% at a $379,000 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,711 by year five. Five-year ROI records 67.42% and total cumulative return in cash reaches $84,707. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $1,855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83628, Homedale, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 1,424 (72.3%) |
| Renter Occupied HU | 474 (24.1%) |
| Vacant Housing Units | 71 ( 3.6%) |
| Median Home Value | $319,900 |
| Average Home Value | $342,205 |
Housing Distribution
Address Breakdown
Residential
1,766
Single Family
1,709
Multi-Family
57
Businesses
148
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