2405 Cherry StCaldwellID83605
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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 Caldwell at 2405 Cherry St, Caldwell, ID, 83605 uses $62,952 cash to close to unlock $6,072/yr annual cash flow and $506/mo monthly cash flow. Total monthly income runs $1,598/mo, and a $929/mo payment keeps the spread at $506/mo. Purchase price stands at $189,900, and rental yield measures 10.1% with $1,598/mo rent. Return on cash invested shows 29.55% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 153.99% and total cumulative return in cash records $96,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,598/mo property income covering a $929/mo payment rather than investor’s personal income.
Townhouse
Built in 1977
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83605, Caldwell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,262 (100%) |
| Owner Occupied HU | 10,439 (68.4%) |
| Renter Occupied HU | 4,270 (28.0%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $381,451 |
| Average Home Value | $394,583 |
Housing Distribution
Address Breakdown
Residential
14,660
Single Family
14,173
Multi-Family
487
Businesses
1,090
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