2231 Burton AveBurleyID83318
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
Rental property for sale in Burley at 2231 Burton Ave, Burley, ID, 83318 generates $2,288/mo in rent and, after a $1,630/mo payment, leaves $372/mo in cash flow. Total monthly income is $2,288/mo, and annual cash flow is $4,466/yr on $110,390 invested. Return on cash invested sits at 23.95% in year one, and rental yield is 8.25% on a $333,000 entry. Equity gained on principal adds $2,149/yr, while 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash sums $136,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,288/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83318, Burley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,166 (100%) |
| Owner Occupied HU | 4,605 (64.3%) |
| Renter Occupied HU | 2,200 (30.7%) |
| Vacant Housing Units | 361 ( 5.0%) |
| Median Home Value | $335,600 |
| Average Home Value | $399,917 |
Housing Distribution
Address Breakdown
Residential
6,844
Single Family
6,644
Multi-Family
200
Businesses
865
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices