407 1st St NMarsingID83639
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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 Marsing at 407 1st St N, Marsing, ID, 83639 generates $1,349/mo in rent, after a $1,174/mo payment. Total monthly income is $1,349/mo. Return on cash invested sits at 19.44% in year one, and rental yield is 6.75% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 99.82% and total cumulative return in cash sums $79,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,349/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83639, Marsing, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 924 (72.9%) |
| Renter Occupied HU | 249 (19.6%) |
| Vacant Housing Units | 95 ( 7.5%) |
| Median Home Value | $461,600 |
| Average Home Value | $521,575 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
100
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