406 Bridgeport AveCaldwellID83605
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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 Caldwell at 406 Bridgeport Ave, Caldwell, ID, 83605 priced at $360,000 converts $2,642/mo rent into $571/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,642/mo, and annual cash flow totals $6,852/yr on $119,340 invested. Return on cash invested prints 25.65% in year one, and rental yield reads 8.81% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 133.04% and total cumulative return in cash sums $158,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,642/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2013
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83605, Caldwell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,262 (100%) |
| Owner Occupied HU | 10,439 (68.4%) |
| Renter Occupied HU | 4,270 (28.0%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $381,451 |
| Average Home Value | $394,583 |
Housing Distribution
Address Breakdown
Residential
14,660
Single Family
14,173
Multi-Family
487
Businesses
1,090
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