162 N 1 WPrestonID83263
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 Preston at 162 N 1 W, Preston, ID, 83263 offers $2,357/mo rent that, after a $1,881/mo payment, leaves $146/mo cash flow. Total monthly income is $2,357/mo, and annual cash flow is $1,753/yr on $127,429 cash. Return on cash invested measures 21.28% in year one, and rental yield stands at 7.36% at a $384,400 entry. Equity gained on principal adds $2,480/yr while 5% annual appreciation compounds into $106,203 by year five. Five-year ROI records 109.67% and total cumulative return in cash reaches $139,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,357/mo property income versus a $1,881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83263, Preston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,861 (74.9%) |
| Renter Occupied HU | 686 (18.0%) |
| Vacant Housing Units | 271 ( 7.1%) |
| Median Home Value | $385,890 |
| Average Home Value | $456,881 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,624
Multi-Family
0
Businesses
317
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