3923 Lewis DrNew MeadowsID83654
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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 New Meadows at 3923 Lewis Dr, New Meadows, ID, 83654 generates $2,356/mo in rent, after a $2,716/mo payment. Total monthly income is $2,356/mo. Return on cash invested sits at 14.56% in year one, and rental yield is 5.09% on a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 73.57% and total cumulative return in cash sums $134,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,356/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83654, New Meadows, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 680 (54.0%) |
| Renter Occupied HU | 151 (12.0%) |
| Vacant Housing Units | 429 (34.0%) |
| Median Home Value | $577,381 |
| Average Home Value | $609,585 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: Mike Olson • Crawford Olson Real Estate Services
Mls Name: MCAR
Mls Provider:
Mls ID: #541749
Disclaimer: Copyright Mountain Central Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.