2369 SW 1st AveFruitlandID83619
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2369 SW 1st Ave, Fruitland, ID, 83619 in Fruitland is capital appreciation. Rental yield 4.48%. The 4.48% gross yield at $1,199,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $331,262 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.83) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $296,496.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.5% |
| Monthly Cash Flow | $(2,423) | $200 |
City averages based on Fruitland market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,475 |
| Total Monthly Debt Service | $6,421 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83619, Fruitland, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,685 (72.8%) |
| Renter Occupied HU | 828 (22.5%) |
| Vacant Housing Units | 174 ( 4.7%) |
| Median Home Value | $356,968 |
| Average Home Value | $368,828 |
Housing Distribution
Address Breakdown
Residential
3,485
Single Family
3,482
Multi-Family
3
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83619, Fruitland, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,685 (72.8%) |
| Renter Occupied HU | 828 (22.5%) |
| Vacant Housing Units | 174 ( 4.7%) |
| Median Home Value | $356,968 |
| Average Home Value | $368,828 |
Housing Distribution
Address Breakdown
Residential
3,485
Single Family
3,482
Multi-Family
3
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices