234 N Idaho StWendellID83355
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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 Wendell at 234 N Idaho St, Wendell, ID, 83355 priced at $399,000 converts $3,104/mo rent into $809/mo cash flow after a $1,953/mo obligation. Total monthly income equals $3,104/mo, and annual cash flow totals $9,702/yr on $132,269 invested. Return on cash invested prints 27.24% in year one, and rental yield reads 9.34% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 141.61% and total cumulative return in cash sums $187,310. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,104/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83355, Wendell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,008 (100%) |
| Owner Occupied HU | 1,225 (61.0%) |
| Renter Occupied HU | 668 (33.3%) |
| Vacant Housing Units | 115 ( 5.7%) |
| Median Home Value | $279,206 |
| Average Home Value | $349,010 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,748
Multi-Family
0
Businesses
110
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