160 Palisades Park Rd #9IrwinID83428
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 160 Palisades Park Rd #9, Irwin, ID, 83428 in Irwin: $1,494/mo in rent, $458/mo in net income, 9.96% gross yield, 1.85 DSCR, all at $180,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $49,731 in appreciation and $1,658/yr in principal paydown projects total cumulative return of $97,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.0% |
| Monthly Cash Flow | $458 | $300 |
City averages based on Irwin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,494 |
| Total Monthly Debt Service | $964 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1982
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83428, Irwin, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 184 (38.5%) |
| Renter Occupied HU | 42 ( 8.8%) |
| Vacant Housing Units | 252 (52.7%) |
| Median Home Value | $621,429 |
| Average Home Value | $645,163 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Manufactured
Built in 1982
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83428, Irwin, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 184 (38.5%) |
| Renter Occupied HU | 42 ( 8.8%) |
| Vacant Housing Units | 252 (52.7%) |
| Median Home Value | $621,429 |
| Average Home Value | $645,163 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.