406 W Ave EJeromeID83338
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
Investment property for sale in Jerome at 406 W Ave E, Jerome, ID, 83338 at $189,900 posts ROI 22.54% with $138/mo cash flow from $1,230/mo rent. Total monthly income equals $1,230/mo, and annual cash flow records $1,656/yr on $62,952 to close. Return on cash invested measures 22.54% and rental yield reads 7.77% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 116.36% and total cumulative return in cash totals $73,253.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,230/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1934
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83338, Jerome, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,007 (100%) |
| Owner Occupied HU | 5,463 (68.2%) |
| Renter Occupied HU | 2,203 (27.5%) |
| Vacant Housing Units | 341 ( 4.3%) |
| Median Home Value | $336,869 |
| Average Home Value | $385,063 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
7,385
Multi-Family
130
Businesses
619
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