308 W North 3rd StGrangevilleID83530
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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
Investment property for sale in Grangeville at 308 W North 3rd St, Grangeville, ID, 83530 listed at $115,000 pairs $915/mo rent with a $563/mo payment to leave $253/mo cash flow. Total monthly income runs $915/mo, and annual cash flow reaches $3,039/yr on $38,123 cash to close. Return on cash invested measures 27.88% in year one, and rental yield registers 9.55% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 145.1% and total cumulative return in cash totals $55,317. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $915/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83530, Grangeville, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,791 (100%) |
| Owner Occupied HU | 1,857 (66.5%) |
| Renter Occupied HU | 630 (22.6%) |
| Vacant Housing Units | 304 (10.9%) |
| Median Home Value | $324,375 |
| Average Home Value | $386,570 |
Housing Distribution
Address Breakdown
Residential
2,411
Single Family
2,246
Multi-Family
165
Businesses
343
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Listed by: Tom Cassill Jr. • Silvercreek Realty Group
Mls Name: IMLS
Mls ID: #98952783