216 Elm StBellevueID83313
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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 Bellevue at 216 Elm St, Bellevue, ID, 83313 priced at $306,300 pairs $2,930/mo rent with $1,168/mo cash flow after a $1,499/mo payment. Total monthly income equals $2,930/mo, and annual cash flow comes to $14,017/yr on $101,538 invested. Return on cash invested is 33.71% in year one, and rental yield stands at 11.48% on a $306,300 basis. Equity gained on principal adds $1,977/yr, and 5% annual appreciation accumulates to $84,625 by year five. Five-year ROI measures 176.35% and total cumulative return in cash reaches $179,062. For financing, Ziffy Mortgage’s DSCR program evaluates $2,930/mo property income against a $1,499/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83313, Bellevue, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,778 (100%) |
| Owner Occupied HU | 1,204 (67.7%) |
| Renter Occupied HU | 355 (20.0%) |
| Vacant Housing Units | 219 (12.3%) |
| Median Home Value | $614,286 |
| Average Home Value | $790,482 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
195
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