3490 Highway 6PrincetonID83857
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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 Princeton at 3490 Highway 6, Princeton, ID, 83857 uses $105,749 cash to close to unlock $3,446/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $2,122/mo, and a $1,561/mo payment keeps the spread at $287/mo. Purchase price stands at $319,000, and rental yield measures 7.98% with $2,122/mo rent. Return on cash invested shows 23.17% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 119.78% and total cumulative return in cash records $126,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,122/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83857, Princeton, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 372 (100%) |
| Owner Occupied HU | 312 (83.9%) |
| Renter Occupied HU | 40 (10.8%) |
| Vacant Housing Units | 20 ( 5.4%) |
| Median Home Value | $389,381 |
| Average Home Value | $548,886 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
19
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