209 Lakeview DrIrwinID83428
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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 Irwin at 209 Lakeview Dr, Irwin, ID, 83428 offers $1,435/mo rent that, after a $808/mo payment, leaves $485/mo cash flow. Total monthly income is $1,435/mo, and annual cash flow is $5,824/yr on $54,698 cash. Return on cash invested measures 30.56% in year one, and rental yield stands at 10.44% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 159.43% and total cumulative return in cash reaches $87,203. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,435/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
0.28 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.