320 E 23rd DrBurleyID83318
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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 Burley at 320 E 23rd Dr, Burley, ID, 83318 listed at $324,900 pairs $2,162/mo rent with a $1,590/mo payment to leave $293/mo cash flow. Total monthly income runs $2,162/mo, and annual cash flow reaches $3,518/yr on $107,704 cash to close. Return on cash invested measures 23.17% in year one, and rental yield registers 7.99% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Five-year ROI tracks 119.82% and total cumulative return in cash totals $129,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,162/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83318, Burley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,166 (100%) |
| Owner Occupied HU | 4,605 (64.3%) |
| Renter Occupied HU | 2,200 (30.7%) |
| Vacant Housing Units | 361 ( 5.0%) |
| Median Home Value | $335,600 |
| Average Home Value | $399,917 |
Housing Distribution
Address Breakdown
Residential
6,844
Single Family
6,644
Multi-Family
200
Businesses
865
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