301 W Mill StCascadeID83611
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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 Cascade at 301 W Mill St, Cascade, ID, 83611 generates $2,095/mo in rent and, after a $1,223/mo payment, leaves $658/mo in cash flow. Total monthly income is $2,095/mo, and annual cash flow is $7,890/yr on $82,842 invested. Return on cash invested sits at 29.43% in year one, and rental yield is 10.06% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 153.36% and total cumulative return in cash sums $127,046. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,095/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83611, Cascade, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,628 (100%) |
| Owner Occupied HU | 1,156 (31.9%) |
| Renter Occupied HU | 203 ( 5.6%) |
| Vacant Housing Units | 2,269 (62.5%) |
| Median Home Value | $637,195 |
| Average Home Value | $703,821 |
Housing Distribution
Address Breakdown
Residential
805
Single Family
800
Multi-Family
5
Businesses
136
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