1508 Taft AveSalmonID83467
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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
Investment property for sale in Salmon at 1508 Taft Ave, Salmon, ID, 83467 with 5% annual appreciation on a $475,000 basis while $2,160/mo rent supports operations. 54% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 5.46%. Five-year ROI measures 78.89% and total cumulative return in cash totals $124,219. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83467, Salmon, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,346 (100%) |
| Owner Occupied HU | 2,389 (71.4%) |
| Renter Occupied HU | 566 (16.9%) |
| Vacant Housing Units | 391 (11.7%) |
| Median Home Value | $405,904 |
| Average Home Value | $519,519 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,037
Multi-Family
26
Businesses
414
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