308 2nd St WDecloID83323
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 308 2nd St W, Declo, ID, 83323 in Declo is priced for capital growth, not immediate cash flow. The $850,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $234,839 by year five, with $7,829/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $6,058.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Declo market data in our database. Property projections are estimates.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83323, Declo, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 462 (74.2%) |
| Renter Occupied HU | 114 (18.3%) |
| Vacant Housing Units | 47 ( 7.5%) |
| Median Home Value | $432,468 |
| Average Home Value | $468,279 |
Housing Distribution
Address Breakdown
Residential
585
Single Family
585
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83323, Declo, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 462 (74.2%) |
| Renter Occupied HU | 114 (18.3%) |
| Vacant Housing Units | 47 ( 7.5%) |
| Median Home Value | $432,468 |
| Average Home Value | $468,279 |
Housing Distribution
Address Breakdown
Residential
585
Single Family
585
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices