343 W Spring Creek RdHopeID83836
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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
Total monthly income runs $1,800/mo, and a $7,320/mo payment. Purchase price stands at $1,495,500, and rental yield measures 1.44% with $1,800/mo rent. Return on cash invested shows 3.52% in year one, and 5% annual appreciation builds toward $413,179 over five years. Five-year ROI reaches 14.28% and total cumulative return in cash records $69,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $7,320/mo payment rather than investor’s personal income.
Single Family
Built in 1991
10.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83836, Hope, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 481 (48.5%) |
| Renter Occupied HU | 96 ( 9.7%) |
| Vacant Housing Units | 415 (41.8%) |
| Median Home Value | $653,761 |
| Average Home Value | $721,403 |
Housing Distribution
Address Breakdown
Residential
408
Single Family
408
Multi-Family
0
Businesses
28
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