2975 S Elba Almo RdAlmoID83312
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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 Almo at 2975 S Elba Almo Rd, Almo, ID, 83312 generates $1,674/mo in rent and, after a $1,297/mo payment, leaves $150/mo in cash flow. Total monthly income is $1,674/mo, and annual cash flow is $1,794/yr on $87,848 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 7.58% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 113.25% and total cumulative return in cash sums $99,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83312, Almo, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30 (100%) |
| Owner Occupied HU | 22 (73.3%) |
| Renter Occupied HU | 7 (23.3%) |
| Vacant Housing Units | 1 ( 3.3%) |
| Median Home Value | $466,667 |
| Average Home Value | $588,977 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
9
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