2981 Kimberland Dr #201New MeadowsID83654
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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 New Meadows at 2981 Kimberland Dr #201, New Meadows, ID, 83654 generates $1,480/mo in rent, after a $1,542/mo payment. Total monthly income is $1,480/mo. Return on cash invested sits at 16.09% in year one, and rental yield is 5.64% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 81.79% and total cumulative return in cash sums $85,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,480/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A 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
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Listed by: Ginnell Hellhake • Crawford Olson Real Estate Services
Mls Name: MCAR
Mls Provider:
Mls ID: #542055
Disclaimer: Copyright Mountain Central Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.