1288 Shore DrCascadeID83611
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
Investment property for sale in Cascade at 1288 Shore Dr, Cascade, ID, 83611 offers a 8.9% rental yield on a $282,158 purchase with $2,093/mo rent. Total monthly income registers $2,093/mo, and a $1,381/mo payment leaves $470/mo available for distribution. Annual cash flow reaches $5,638/yr on $93,535 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $1,821/yr while 5% annual appreciation supports $77,955 over five years. Portfolio math shows five-year ROI at 134.6% and total cumulative return in cash at $125,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,093/mo property income against a $1,381/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83611, Cascade, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,628 (100%) |
| Owner Occupied HU | 1,156 (31.9%) |
| Renter Occupied HU | 203 ( 5.6%) |
| Vacant Housing Units | 2,269 (62.5%) |
| Median Home Value | $637,195 |
| Average Home Value | $703,821 |
Housing Distribution
Address Breakdown
Residential
805
Single Family
800
Multi-Family
5
Businesses
136
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