377 Rapid AveInkomID83245
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Inkom at 377 Rapid Ave, Inkom, ID, 83245 priced at $209,000 converts $1,524/mo rent into $322/mo cash flow after a $1,023/mo obligation. Total monthly income equals $1,524/mo, and annual cash flow totals $3,859/yr on $69,284 invested. Return on cash invested prints 25.48% in year one, and rental yield reads 8.75% against a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation compiles into $57,743 by year five. Five-year ROI reaches 132.17% and total cumulative return in cash sums $91,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,524/mo property income covering a $1,023/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83245, Inkom, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 758 (88.7%) |
| Renter Occupied HU | 67 ( 7.8%) |
| Vacant Housing Units | 30 ( 3.5%) |
| Median Home Value | $447,273 |
| Average Home Value | $488,654 |
Housing Distribution
Address Breakdown
Residential
594
Single Family
594
Multi-Family
0
Businesses
41
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