3460 American River RdElk CityID83525
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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 Elk City at 3460 American River Rd, Elk City, ID, 83525 priced at $525,000 converts $2,028/mo rent into after a $2,570/mo obligation. Total monthly income equals $2,028/mo. Return on cash invested prints 13.16% in year one, and rental yield reads 4.64% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 66.07% and total cumulative return in cash sums $114,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,028/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1978
10.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83525, Elk City, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 813 (100%) |
| Owner Occupied HU | 241 (29.6%) |
| Renter Occupied HU | 47 ( 5.8%) |
| Vacant Housing Units | 525 (64.6%) |
| Median Home Value | $415,000 |
| Average Home Value | $481,162 |
Housing Distribution
Address Breakdown
Residential
72
Single Family
72
Multi-Family
0
Businesses
34
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