214 E Main StWendellID83355
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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 Wendell at 214 E Main St, Wendell, ID, 83355 offers $1,792/mo rent that, after a $734/mo payment, leaves $877/mo cash flow. Total monthly income is $1,792/mo, and annual cash flow is $10,522/yr on $49,692 cash. Return on cash invested measures 41.08% in year one, and rental yield stands at 14.35% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 216.3% and total cumulative return in cash reaches $107,483. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,792/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83355, Wendell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,008 (100%) |
| Owner Occupied HU | 1,225 (61.0%) |
| Renter Occupied HU | 668 (33.3%) |
| Vacant Housing Units | 115 ( 5.7%) |
| Median Home Value | $279,206 |
| Average Home Value | $349,010 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,748
Multi-Family
0
Businesses
110
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Listed by: Shayla Zamora • Kelly Right Real Estate-Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98914007
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.