304 S 8th StBellevueID83313
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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 Bellevue at 304 S 8th St, Bellevue, ID, 83313 generates $3,758/mo in rent, after a $3,656/mo payment. Total monthly income is $3,758/mo. Return on cash invested sits at 17.43% in year one, and rental yield is 6.04% on a $747,000 entry. Equity gained on principal adds $4,820/yr, while 5% annual appreciation builds toward $206,382 over five years. Five-year ROI reaches 88.92% and total cumulative return in cash sums $218,544. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,758/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6,098 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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