309 Nebraska StGoodingID83330
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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 Gooding at 309 Nebraska St, Gooding, ID, 83330 with 5% annual appreciation on a $135,000 basis while $1,324/mo rent supports operations. Total monthly income totals $1,324/mo and a $661/mo payment preserves $547/mo for cash returns. Annual cash flow comes to $6,565/yr on $44,753 deployed, and return on cash invested reaches 34.58% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 11.77%. Five-year ROI measures 181.02% and total cumulative return in cash totals $81,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,324/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83330, Gooding, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,634 (100%) |
| Owner Occupied HU | 1,737 (65.9%) |
| Renter Occupied HU | 779 (29.6%) |
| Vacant Housing Units | 118 ( 4.5%) |
| Median Home Value | $274,257 |
| Average Home Value | $321,737 |
Housing Distribution
Address Breakdown
Residential
2,514
Single Family
2,509
Multi-Family
5
Businesses
216
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