242 N Park AveShelleyID83274
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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 Shelley at 242 N Park Ave, Shelley, ID, 83274 with 5% annual appreciation on a $350,000 basis while $1,840/mo rent supports operations. 12% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 6.31%. Five-year ROI measures 92.65% and total cumulative return in cash totals $107,498. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,840/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83274, Shelley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 2,977 (77.5%) |
| Renter Occupied HU | 700 (18.2%) |
| Vacant Housing Units | 162 ( 4.2%) |
| Median Home Value | $397,014 |
| Average Home Value | $450,489 |
Housing Distribution
Address Breakdown
Residential
3,761
Single Family
3,693
Multi-Family
68
Businesses
181
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