21707 S Lake StMedimontID83842
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Medimont rental at 21707 S Lake St, Medimont, ID, 83842 sits in the solid-income band: 8.55% gross yield, $1,496/mo rent, $288/mo net after the $944/mo debt service, DSCR 1.58. Entry price of $210,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $58,019 and $1,934/yr in principal reduction bring total cumulative return to $97,795.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $288 | $300 |
City averages based on Medimont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,496 |
| Total Monthly Debt Service | $1,125 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1924
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83842, Medimont, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41 (100%) |
| Owner Occupied HU | 30 (73.2%) |
| Renter Occupied HU | 3 ( 7.3%) |
| Vacant Housing Units | 8 (19.5%) |
| Median Home Value | $633,333 |
| Average Home Value | $701,667 |
Housing Distribution
Address Breakdown
Residential
70
Single Family
70
Multi-Family
0
Businesses
2
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
Single Family
Built in 1924
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83842, Medimont, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41 (100%) |
| Owner Occupied HU | 30 (73.2%) |
| Renter Occupied HU | 3 ( 7.3%) |
| Vacant Housing Units | 8 (19.5%) |
| Median Home Value | $633,333 |
| Average Home Value | $701,667 |
Housing Distribution
Address Breakdown
Residential
70
Single Family
70
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices