232 Larkspur LnLewistonID83501
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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 Lewiston at 232 Larkspur Ln, Lewiston, ID, 83501 priced at $459,500 converts $2,954/mo rent into $311/mo cash flow after a $2,249/mo obligation. Total monthly income equals $2,954/mo, and annual cash flow totals $3,727/yr on $152,324 invested. Return on cash invested prints 22.36% in year one, and rental yield reads 7.71% against a $459,500 entry. Equity gained on principal adds $2,965/yr, while 5% annual appreciation compiles into $126,951 by year five. Five-year ROI reaches 115.39% and total cumulative return in cash sums $175,764. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,954/mo property income covering a $2,249/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83501, Lewiston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 11,156 (67.1%) |
| Renter Occupied HU | 4,748 (28.5%) |
| Vacant Housing Units | 730 ( 4.4%) |
| Median Home Value | $363,387 |
| Average Home Value | $396,952 |
Housing Distribution
Address Breakdown
Residential
15,777
Single Family
15,154
Multi-Family
623
Businesses
1,512
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