304 N 2nd StPicaboID83313
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
Investment property for sale in Picabo at 304 N 2nd St, Picabo, ID, 83313 at $420,000 posts ROI 22.4% with $289/mo cash flow from $2,705/mo rent. Total monthly income equals $2,705/mo, and annual cash flow records $3,462/yr on $139,230 to close. Return on cash invested measures 22.4% and rental yield reads 7.73% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 115.62% and total cumulative return in cash totals $160,975.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,705/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83313, Bellevue, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,778 (100%) |
| Owner Occupied HU | 1,204 (67.7%) |
| Renter Occupied HU | 355 (20.0%) |
| Vacant Housing Units | 219 (12.3%) |
| Median Home Value | $614,286 |
| Average Home Value | $790,482 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
195
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Nearby investment properties with comparable prices
Listed by: Makenzie Callaghan • Berkshire Hathaway HomeServices Sun Valley Properties
Mls Name: Sun Valley BOR MLS
Mls Provider:
Mls ID: #24-332537
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided by Sun Valley Board of REALTORS/ Sun Valley Multiple Listing Service is deemed reliable but not guaranteed by the MLS. The properties displayed are provided courtesy of Real Estate Brokers participating in the Sun Valley Board of REALTORS/ Sun Valley Multiple Listing Service Internet Data Exchange Program (IDX).