245 S Main StRocklandID83271
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 245 S Main St, Rockland, ID, 83271 in Rockland the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $110,000 price is below income-first thresholds, but 5%/yr value growth projects $30,391 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $781.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Rockland market data in our database. Property projections are estimates.
Multi Family
Built in 1915
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83271, Rockland, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 133 (66.8%) |
| Renter Occupied HU | 26 (13.1%) |
| Vacant Housing Units | 40 (20.1%) |
| Median Home Value | $246,429 |
| Average Home Value | $274,549 |
Housing Distribution
Address Breakdown
Residential
32
Single Family
32
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 1915
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83271, Rockland, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 199 (100%) |
| Owner Occupied HU | 133 (66.8%) |
| Renter Occupied HU | 26 (13.1%) |
| Vacant Housing Units | 40 (20.1%) |
| Median Home Value | $246,429 |
| Average Home Value | $274,549 |
Housing Distribution
Address Breakdown
Residential
32
Single Family
32
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
