1401 Oakley AveBurleyID83318
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 Burley at 1401 Oakley Ave, Burley, ID, 83318 offers $1,508/mo rent that, after a $9,544/mo payment. Total monthly income is $1,508/mo. Return on cash invested measures 1.93% in year one, and rental yield stands at 0.93% at a $1,950,000 entry. Equity gained on principal adds $12,583/yr while 5% annual appreciation compounds into $538,749 by year five. Five-year ROI records 5.73% and total cumulative return in cash reaches $36,233. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,508/mo property income versus a $9,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2021
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83318, Burley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,166 (100%) |
| Owner Occupied HU | 4,605 (64.3%) |
| Renter Occupied HU | 2,200 (30.7%) |
| Vacant Housing Units | 361 ( 5.0%) |
| Median Home Value | $335,600 |
| Average Home Value | $399,917 |
Housing Distribution
Address Breakdown
Residential
6,844
Single Family
6,644
Multi-Family
200
Businesses
865
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices