232 Lackey RdWeippeID83553
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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 Weippe at 232 Lackey Rd, Weippe, ID, 83553 generates $2,358/mo in rent, after a $2,570/mo payment. Total monthly income is $2,358/mo. Return on cash invested sits at 15.46% in year one, and rental yield is 5.39% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 78.37% and total cumulative return in cash sums $135,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,358/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
11.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83553, Weippe, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 449 (68.1%) |
| Renter Occupied HU | 100 (15.2%) |
| Vacant Housing Units | 110 (16.7%) |
| Median Home Value | $260,965 |
| Average Home Value | $269,271 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
271
Multi-Family
0
Businesses
31
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