2326 Atlantic DrBurleyID83318
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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
Investment property for sale in Burley at 2326 Atlantic Dr, Burley, ID, 83318 offers a 8.05% rental yield on a $685,000 purchase with $4,598/mo rent. Total monthly income registers $4,598/mo, and a $3,353/mo payment leaves $657/mo available for distribution. Annual cash flow reaches $7,884/yr on $225,365 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,253 over five years. Portfolio math shows five-year ROI at 121.82% and total cumulative return in cash at $274,534. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,598/mo property income against a $3,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
10,236 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
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