2601 Rome AveFruitlandID83619
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Fruitland at 2601 Rome Ave, Fruitland, ID, 83619 uses $112,379 cash to close to unlock $499/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $1,997/mo, and a $1,659/mo payment keeps the spread at $42/mo. Purchase price stands at $339,000, and rental yield measures 7.07% with $1,997/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 104.68% and total cumulative return in cash records $117,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,997/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1997
7,971 sqft lot
$N/A/sqft
$65 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83619, Fruitland, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,685 (72.8%) |
| Renter Occupied HU | 828 (22.5%) |
| Vacant Housing Units | 174 ( 4.7%) |
| Median Home Value | $356,968 |
| Average Home Value | $368,828 |
Housing Distribution
Address Breakdown
Residential
3,485
Single Family
3,482
Multi-Family
3
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Cormier • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98961731
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.