211 Ridge View DrLenoreID83541
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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 Lenore at 211 Ridge View Dr, Lenore, ID, 83541 offers $3,440/mo rent that, after a $4,894/mo payment. Total monthly income is $3,440/mo. Return on cash invested measures 11.63% in year one, and rental yield stands at 4.13% at a $999,995 entry. Equity gained on principal adds $6,453/yr while 5% annual appreciation compounds into $276,280 by year five. Five-year ROI records 57.81% and total cumulative return in cash reaches $190,190. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,440/mo property income versus a $4,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83541, Lenore, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 704 (100%) |
| Owner Occupied HU | 460 (65.3%) |
| Renter Occupied HU | 85 (12.1%) |
| Vacant Housing Units | 159 (22.6%) |
| Median Home Value | $381,890 |
| Average Home Value | $466,359 |
Housing Distribution
Address Breakdown
Residential
505
Single Family
505
Multi-Family
0
Businesses
10
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