213 N Cedar StJeromeID83338
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
Investment property for sale in Jerome at 213 N Cedar St, Jerome, ID, 83338 with 5% annual appreciation on a $250,000 basis while $1,852/mo rent supports operations. Total monthly income totals $1,852/mo and a $1,224/mo payment preserves $413/mo for cash returns. Annual cash flow comes to $4,961/yr on $82,875 deployed, and return on cash invested reaches 25.9% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 8.89%. Five-year ROI measures 134.4% and total cumulative return in cash totals $111,382.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,852/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83338, Jerome, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,007 (100%) |
| Owner Occupied HU | 5,463 (68.2%) |
| Renter Occupied HU | 2,203 (27.5%) |
| Vacant Housing Units | 341 ( 4.3%) |
| Median Home Value | $336,869 |
| Average Home Value | $385,063 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
7,385
Multi-Family
130
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices