227 E Main StFranklinID83237
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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 Franklin at 227 E Main St, Franklin, ID, 83237 generates $1,718/mo in rent, after a $1,566/mo payment. Total monthly income is $1,718/mo. Return on cash invested sits at 18.52% in year one, and rental yield is 6.44% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 94.84% and total cumulative return in cash sums $100,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,718/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83237, Franklin, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 510 (75.9%) |
| Renter Occupied HU | 101 (15.0%) |
| Vacant Housing Units | 61 ( 9.1%) |
| Median Home Value | $470,370 |
| Average Home Value | $509,103 |
Housing Distribution
Address Breakdown
Residential
535
Single Family
535
Multi-Family
0
Businesses
21
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