3221 Sherman CtNampaID83687
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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
Rental property for sale in Nampa at 3221 Sherman Ct, Nampa, ID, 83687 priced at $328,900 converts $2,226/mo rent into $329/mo cash flow after a $1,610/mo obligation. Total monthly income equals $2,226/mo, and annual cash flow totals $3,949/yr on $109,030 invested. Return on cash invested prints 23.53% in year one, and rental yield reads 8.12% against a $328,900 entry. Equity gained on principal adds $2,122/yr, while 5% annual appreciation compiles into $90,869 by year five. Five-year ROI reaches 121.75% and total cumulative return in cash sums $132,745. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,226/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 1998
6,969 sqft lot
$N/A/sqft
$55 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83687, Nampa, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,400 (100%) |
| Owner Occupied HU | 12,382 (71.2%) |
| Renter Occupied HU | 4,393 (25.2%) |
| Vacant Housing Units | 625 ( 3.6%) |
| Median Home Value | $452,100 |
| Average Home Value | $517,650 |
Housing Distribution
Address Breakdown
Residential
16,660
Single Family
16,483
Multi-Family
177
Businesses
1,247
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Listed by: Jarrod Nelson • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98935269
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.