312 N 3rd StBellevueID83313
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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 Bellevue at 312 N 3rd St, Bellevue, ID, 83313 uses $197,071 cash to close to unlock $7,966/yr annual cash flow and $664/mo monthly cash flow. Total monthly income runs $4,110/mo, and a $2,932/mo payment keeps the spread at $664/mo. Purchase price stands at $599,000, and rental yield measures 8.23% with $4,110/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 124.72% and total cumulative return in cash records $245,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,110/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83313, Bellevue, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,778 (100%) |
| Owner Occupied HU | 1,204 (67.7%) |
| Renter Occupied HU | 355 (20.0%) |
| Vacant Housing Units | 219 (12.3%) |
| Median Home Value | $614,286 |
| Average Home Value | $790,482 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
195
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