321 E South AveHagermanID83332
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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 Hagerman at 321 E South Ave, Hagerman, ID, 83332 offers a 8.22% rental yield on a $246,000 purchase with $1,685/mo rent. Total monthly income registers $1,685/mo, and a $1,204/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,238/yr on $81,549 to close, and return on cash invested stands at 23.88% in year one. Equity gained on principal adds $1,587/yr while 5% annual appreciation supports $67,965 over five years. Portfolio math shows five-year ROI at 123.57% and total cumulative return in cash at $100,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,685/mo property income against a $1,204/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83332, Hagerman, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 815 (67.0%) |
| Renter Occupied HU | 267 (22.0%) |
| Vacant Housing Units | 134 (11.0%) |
| Median Home Value | $343,289 |
| Average Home Value | $410,558 |
Housing Distribution
Address Breakdown
Residential
945
Single Family
945
Multi-Family
0
Businesses
83
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Listed by: Grant Cooke • 1000 Springs Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98958419
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.