185 Spruce StShelleyID83274
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
Investment property for sale in Shelley at 185 Spruce St, Shelley, ID, 83274 at $335,000 posts ROI 22.42% with $232/mo cash flow from $2,160/mo rent. Total monthly income equals $2,160/mo, and annual cash flow records $2,789/yr on $111,053 to close. Return on cash invested measures 22.42% and rental yield reads 7.74% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 115.77% and total cumulative return in cash totals $128,564.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83274, Shelley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 2,977 (77.5%) |
| Renter Occupied HU | 700 (18.2%) |
| Vacant Housing Units | 162 ( 4.2%) |
| Median Home Value | $397,014 |
| Average Home Value | $450,489 |
Housing Distribution
Address Breakdown
Residential
3,761
Single Family
3,693
Multi-Family
68
Businesses
181
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