1623 16th StHeyburnID83336
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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
Rental property for sale in Heyburn at 1623 16th St, Heyburn, ID, 83336 generates $1,495/mo in rent and, after a $1,052/mo payment, leaves $258/mo in cash flow. Total monthly income is $1,495/mo, and annual cash flow is $3,101/yr on $71,273 invested. Return on cash invested sits at 24.26% in year one, and rental yield is 8.34% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 125.64% and total cumulative return in cash sums $89,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,495/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83336, Heyburn, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,469 (100%) |
| Owner Occupied HU | 1,606 (65.0%) |
| Renter Occupied HU | 713 (28.9%) |
| Vacant Housing Units | 150 ( 6.1%) |
| Median Home Value | $325,738 |
| Average Home Value | $386,585 |
Housing Distribution
Address Breakdown
Residential
2,105
Single Family
2,105
Multi-Family
0
Businesses
136
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