2941 Syringa DrNew MeadowsID83654
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
Rental property for sale in New Meadows at 2941 Syringa Dr, New Meadows, ID, 83654 priced at $1,195,000 converts $2,154/mo rent into after a $5,849/mo obligation. Total monthly income equals $2,154/mo. Return on cash invested prints 5.74% in year one, and rental yield reads 2.16% against a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation compiles into $330,156 by year five. Five-year ROI reaches 26.17% and total cumulative return in cash sums $101,342. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $5,849/mo payment, not borrower’s personal income.
Single Family
Built in 2023
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83654, New Meadows, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 680 (54.0%) |
| Renter Occupied HU | 151 (12.0%) |
| Vacant Housing Units | 429 (34.0%) |
| Median Home Value | $577,381 |
| Average Home Value | $609,585 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Crawford • Crawford Olson Real Estate Services
Mls Name: MCAR
Mls ID: #542698