3419 E 480 NLewisvilleID83431
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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 Lewisville at 3419 E 480 N, Lewisville, ID, 83431 listed at $355,000 pairs $2,364/mo rent with a $1,738/mo payment to leave $321/mo cash flow. Total monthly income runs $2,364/mo, and annual cash flow reaches $3,855/yr on $117,683 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 7.99% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 119.86% and total cumulative return in cash totals $141,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,364/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83431, Lewisville, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 330 (100%) |
| Owner Occupied HU | 275 (83.3%) |
| Renter Occupied HU | 38 (11.5%) |
| Vacant Housing Units | 17 ( 5.2%) |
| Median Home Value | $383,088 |
| Average Home Value | $382,364 |
Housing Distribution
Address Breakdown
Residential
190
Single Family
190
Multi-Family
0
Businesses
17
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Listed by: Jason Lichtenstein • Silvercreek Realty Group
Mls Name: SRMLS
Mls ID: #2178810