120 W Bannock AveRichfieldID83349
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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 Richfield at 120 W Bannock Ave, Richfield, ID, 83349 offers $1,696/mo rent that, after a $1,468/mo payment. Total monthly income is $1,696/mo. Return on cash invested measures 19.55% in year one, and rental yield stands at 6.79% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 100.37% and total cumulative return in cash reaches $99,784. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,696/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83349, Richfield, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 416 (100%) |
| Owner Occupied HU | 277 (66.6%) |
| Renter Occupied HU | 109 (26.2%) |
| Vacant Housing Units | 30 ( 7.2%) |
| Median Home Value | $240,086 |
| Average Home Value | $335,144 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
14
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