203 S MeridianRupertID83350
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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 Rupert at 203 S Meridian, Rupert, ID, 83350 priced at $345,000 converts $1,646/mo rent into after a $1,689/mo obligation. Total monthly income equals $1,646/mo. Return on cash invested prints 16.35% in year one, and rental yield reads 5.73% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 83.19% and total cumulative return in cash sums $95,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,646/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1927
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83350, Rupert, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 3,447 (67.1%) |
| Renter Occupied HU | 1,301 (25.3%) |
| Vacant Housing Units | 392 ( 7.6%) |
| Median Home Value | $284,386 |
| Average Home Value | $353,565 |
Housing Distribution
Address Breakdown
Residential
4,912
Single Family
4,826
Multi-Family
86
Businesses
334
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