250 S 2 EPrestonID83263
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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 Preston at 250 S 2 E, Preston, ID, 83263 offers a 7.69% rental yield on a $449,000 purchase with $2,879/mo rent. Total monthly income registers $2,879/mo, and a $2,198/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,547/yr on $148,844 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 115.06% and total cumulative return in cash at $171,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,879/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83263, Preston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,861 (74.9%) |
| Renter Occupied HU | 686 (18.0%) |
| Vacant Housing Units | 271 ( 7.1%) |
| Median Home Value | $385,890 |
| Average Home Value | $456,881 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,624
Multi-Family
0
Businesses
317
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