2023 Palisades Creek RdIrwinID83428
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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 Irwin at 2023 Palisades Creek Rd, Irwin, ID, 83428 uses $52,377 cash to close to unlock $13,985/yr annual cash flow and $1,165/mo monthly cash flow. Total monthly income runs $2,074/mo, and a $773/mo payment keeps the spread at $1,165/mo. Purchase price stands at $158,000, and rental yield measures 15.75% with $2,074/mo rent. Return on cash invested shows 46.61% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 245.51% and total cumulative return in cash records $128,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,074/mo property income covering a $773/mo payment rather than investor’s personal income.
Lot
Built in N/A
3.50 Acres 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.
