376 S 2nd AveHagermanID83332
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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 Hagerman at 376 S 2nd Ave, Hagerman, ID, 83332 uses $57,184 cash to close to unlock $3,755/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,305/mo, and a $844/mo payment keeps the spread at $313/mo. Purchase price stands at $172,500, and rental yield measures 9.08% with $1,305/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $47,659 over five years. Five-year ROI reaches 137.5% and total cumulative return in cash records $78,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,305/mo property income covering a $844/mo payment rather than investor’s personal income.
Manufactured
Built in 1984
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83332, Hagerman, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 815 (67.0%) |
| Renter Occupied HU | 267 (22.0%) |
| Vacant Housing Units | 134 (11.0%) |
| Median Home Value | $343,289 |
| Average Home Value | $410,558 |
Housing Distribution
Address Breakdown
Residential
945
Single Family
945
Multi-Family
0
Businesses
83
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