31114 Paradise LnLenoreID83541
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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 Lenore at 31114 Paradise Ln, Lenore, ID, 83541 uses $85,859 cash to close to unlock $1,268/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,596/mo, and a $1,268/mo payment keeps the spread at $106/mo. Purchase price stands at $259,000, and rental yield measures 7.39% with $1,596/mo rent. Return on cash invested shows 21.39% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 110.21% and total cumulative return in cash records $94,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,596/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83541, Lenore, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 704 (100%) |
| Owner Occupied HU | 460 (65.3%) |
| Renter Occupied HU | 85 (12.1%) |
| Vacant Housing Units | 159 (22.6%) |
| Median Home Value | $381,890 |
| Average Home Value | $466,359 |
Housing Distribution
Address Breakdown
Residential
505
Single Family
505
Multi-Family
0
Businesses
10
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Listed by: Brenda Halen • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98916489
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.