1326 Concord StJeromeID83338
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
Rental property for sale in Jerome at 1326 Concord St, Jerome, ID, 83338 priced at $338,900 converts $2,306/mo rent into $344/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,306/mo, and annual cash flow totals $4,123/yr on $112,345 invested. Return on cash invested prints 23.58% in year one, and rental yield reads 8.17% against a $338,900 entry. Equity gained on principal adds $2,187/yr, while 5% annual appreciation compiles into $93,632 by year five. Five-year ROI reaches 122.01% and total cumulative return in cash sums $137,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,306/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83338, Jerome, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,007 (100%) |
| Owner Occupied HU | 5,463 (68.2%) |
| Renter Occupied HU | 2,203 (27.5%) |
| Vacant Housing Units | 341 ( 4.3%) |
| Median Home Value | $336,869 |
| Average Home Value | $385,063 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
7,385
Multi-Family
130
Businesses
619
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Listed by: Jackie Metzger • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98908418
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.