31 Lem Ct, Cascade, ID, 83611 | $355/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cascade at 31 Lem Ct, Cascade, ID, 83611 uses $124,313 cash to close to unlock $4,261/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $2,512/mo, and a $1,835/mo payment keeps the spread at $355/mo. Purchase price stands at $375,000, and rental yield measures 8.04% with $2,512/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 120.69% and total cumulative return in cash records $150,027. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,512/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Single Family

Built in 1973

0.58 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 83611, Cascade, ID area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,628 (100%)
Owner Occupied HU	1,156 (31.9%)
Renter Occupied HU	203 ( 5.6%)
Vacant Housing Units	2,269 (62.5%)
Median Home Value	$637,195
Average Home Value	$703,821