230 W Shore LoopWest MagicID83352
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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 West Magic at 230 W Shore Loop, West Magic, ID, 83352 generates $990/mo in rent, after a $1,933/mo payment. Total monthly income is $990/mo. Return on cash invested sits at 8.16% in year one, and rental yield is 3.01% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 39.26% and total cumulative return in cash sums $51,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $990/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83352, Shoshone, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 943 (61.6%) |
| Renter Occupied HU | 402 (26.3%) |
| Vacant Housing Units | 185 (12.1%) |
| Median Home Value | $290,421 |
| Average Home Value | $364,616 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
89
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Listed by: James M. Kuehn • Coldwell Banker Distinctive Properties
Mls Name: Sun Valley BOR MLS
Mls Provider:
Mls ID: #24-332526
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided by Sun Valley Board of REALTORS/ Sun Valley Multiple Listing Service is deemed reliable but not guaranteed by the MLS. The properties displayed are provided courtesy of Real Estate Brokers participating in the Sun Valley Board of REALTORS/ Sun Valley Multiple Listing Service Internet Data Exchange Program (IDX).