209 NE 3rd StFruitlandID83619
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 Fruitland at 209 NE 3rd St, Fruitland, ID, 83619 priced at $324,000 converts $2,274/mo rent into $393/mo cash flow after a $1,586/mo obligation. Total monthly income equals $2,274/mo, and annual cash flow totals $4,719/yr on $107,406 invested. Return on cash invested prints 24.3% in year one, and rental yield reads 8.42% against a $324,000 entry. Equity gained on principal adds $2,091/yr, while 5% annual appreciation compiles into $89,515 by year five. Five-year ROI reaches 125.92% and total cumulative return in cash sums $135,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,586/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
3,049 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83619, Fruitland, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,685 (72.8%) |
| Renter Occupied HU | 828 (22.5%) |
| Vacant Housing Units | 174 ( 4.7%) |
| Median Home Value | $356,968 |
| Average Home Value | $368,828 |
Housing Distribution
Address Breakdown
Residential
3,485
Single Family
3,482
Multi-Family
3
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Bruce • Goldwings Real Estate Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98921397
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.