311 Concourse AveCaldwellID83605
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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 Caldwell at 311 Concourse Ave, Caldwell, ID, 83605 priced at $432,000 pairs $3,242/mo rent with $757/mo cash flow after a $2,114/mo payment. Total monthly income equals $3,242/mo, and annual cash flow comes to $9,086/yr on $143,208 invested. Return on cash invested is 26.25% in year one, and rental yield stands at 9.01% on a $432,000 basis. Equity gained on principal adds $2,788/yr, and 5% annual appreciation accumulates to $119,354 by year five. Five-year ROI measures 136.3% and total cumulative return in cash reaches $195,199. For financing, Ziffy Mortgage’s DSCR program evaluates $3,242/mo property income against a $2,114/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83605, Caldwell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,262 (100%) |
| Owner Occupied HU | 10,439 (68.4%) |
| Renter Occupied HU | 4,270 (28.0%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $381,451 |
| Average Home Value | $394,583 |
Housing Distribution
Address Breakdown
Residential
14,660
Single Family
14,173
Multi-Family
487
Businesses
1,090
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