208 N 2nd StParmaID83660
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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 Parma at 208 N 2nd St, Parma, ID, 83660 uses $60,731 cash to close to unlock $10,397/yr annual cash flow and $866/mo monthly cash flow. Total monthly income runs $1,973/mo, and a $897/mo payment keeps the spread at $866/mo. Purchase price stands at $183,200, and rental yield measures 12.92% with $1,973/mo rent. Return on cash invested shows 37.03% in year one, and 5% annual appreciation builds toward $50,615 over five years. Five-year ROI reaches 194.51% and total cumulative return in cash records $118,129. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,973/mo property income covering a $897/mo payment rather than investor’s personal income.
Single Family
Built in 1887
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83660, Parma, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 1,829 (75.7%) |
| Renter Occupied HU | 468 (19.4%) |
| Vacant Housing Units | 120 ( 5.0%) |
| Median Home Value | $466,477 |
| Average Home Value | $523,090 |
Housing Distribution
Address Breakdown
Residential
2,146
Single Family
2,146
Multi-Family
0
Businesses
130
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