1716 Alder AveLewistonID83501
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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 Lewiston at 1716 Alder Ave, Lewiston, ID, 83501 listed at $499,000 pairs $3,274/mo rent with a $2,442/mo payment to leave $404/mo cash flow. Total monthly income runs $3,274/mo, and annual cash flow reaches $4,844/yr on $165,419 cash to close. Return on cash invested measures 22.84% in year one, and rental yield registers 7.87% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 117.97% and total cumulative return in cash totals $195,150. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,274/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83501, Lewiston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 11,156 (67.1%) |
| Renter Occupied HU | 4,748 (28.5%) |
| Vacant Housing Units | 730 ( 4.4%) |
| Median Home Value | $363,387 |
| Average Home Value | $396,952 |
Housing Distribution
Address Breakdown
Residential
15,777
Single Family
15,154
Multi-Family
623
Businesses
1,512
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