302 School Rd #11HopeID83836
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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 Hope at 302 School Rd #11, Hope, ID, 83836 generates $1,309/mo in rent and, after a $808/mo payment, leaves $359/mo in cash flow. Total monthly income is $1,309/mo, and annual cash flow is $4,312/yr on $54,698 invested. Return on cash invested sits at 27.79% in year one, and rental yield is 9.52% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash sums $79,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,309/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83836, Hope, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 481 (48.5%) |
| Renter Occupied HU | 96 ( 9.7%) |
| Vacant Housing Units | 415 (41.8%) |
| Median Home Value | $653,761 |
| Average Home Value | $721,403 |
Housing Distribution
Address Breakdown
Residential
408
Single Family
408
Multi-Family
0
Businesses
28
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