31254 Pitman LnParmaID83660
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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 Parma at 31254 Pitman Ln, Parma, ID, 83660 listed at $463,000 pairs $1,640/mo rent with a $2,266/mo payment. Total monthly income runs $1,640/mo. Return on cash invested measures 11.91% in year one, and rental yield registers 4.25% at a $463,000 basis. Equity gained on principal adds $2,988/yr, and annual property appreciation at 5% supports $127,918 by year five. Five-year ROI tracks 59.36% and total cumulative return in cash totals $91,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,640/mo property income relative to a $2,266/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1917
6.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83660, Parma, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 1,829 (75.7%) |
| Renter Occupied HU | 468 (19.4%) |
| Vacant Housing Units | 120 ( 5.0%) |
| Median Home Value | $466,477 |
| Average Home Value | $523,090 |
Housing Distribution
Address Breakdown
Residential
2,146
Single Family
2,146
Multi-Family
0
Businesses
130
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Listed by: Shawn Endicott • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98938749
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.