2229 Evergreen RdNezperceID83543
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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 Nezperce at 2229 Evergreen Rd, Nezperce, ID, 83543 generates $1,724/mo in rent, after a $2,437/mo payment. Total monthly income is $1,724/mo. Return on cash invested sits at 11.62% in year one, and rental yield is 4.15% on a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation builds toward $137,588 over five years. Five-year ROI reaches 57.81% and total cumulative return in cash sums $95,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,724/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
4.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83543, Nezperce, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 238 (70.6%) |
| Renter Occupied HU | 59 (17.5%) |
| Vacant Housing Units | 40 (11.9%) |
| Median Home Value | $245,349 |
| Average Home Value | $387,658 |
Housing Distribution
Address Breakdown
Residential
92
Single Family
92
Multi-Family
0
Businesses
35
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