203 Hummingbird PlShelleyID83274
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 Shelley at 203 Hummingbird Pl, Shelley, ID, 83274 offers $2,442/mo rent that, after a $1,909/mo payment, leaves $198/mo cash flow. Total monthly income is $2,442/mo, and annual cash flow is $2,379/yr on $129,285 cash. Return on cash invested measures 21.75% in year one, and rental yield stands at 7.51% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 112.15% and total cumulative return in cash reaches $144,992. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,442/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices