260 S 4 EDowneyID83234
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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
Rental property for sale in Downey at 260 S 4 E, Downey, ID, 83234 priced at $192,800 converts $1,722/mo rent into $613/mo cash flow after a $944/mo obligation. Total monthly income equals $1,722/mo, and annual cash flow totals $7,350/yr on $63,913 invested. Return on cash invested prints 31.41% in year one, and rental yield reads 10.72% against a $192,800 entry. Equity gained on principal adds $1,244/yr, while 5% annual appreciation compiles into $53,267 by year five. Five-year ROI reaches 163.97% and total cumulative return in cash sums $104,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,722/mo property income covering a $944/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83234, Downey, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 443 (67.3%) |
| Renter Occupied HU | 66 (10.0%) |
| Vacant Housing Units | 149 (22.6%) |
| Median Home Value | $209,052 |
| Average Home Value | $256,981 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
278
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.