412 Elder AveMiddletonID83644
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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 Middleton at 412 Elder Ave, Middleton, ID, 83644 priced at $285,000 converts $1,740/mo rent into $100/mo cash flow after a $1,395/mo obligation. Total monthly income equals $1,740/mo, and annual cash flow totals $1,204/yr on $94,478 invested. Return on cash invested prints 21.18% in year one, and rental yield reads 7.33% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 109.14% and total cumulative return in cash sums $103,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83644, Middleton, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,229 (100%) |
| Owner Occupied HU | 5,399 (86.7%) |
| Renter Occupied HU | 663 (10.6%) |
| Vacant Housing Units | 167 ( 2.7%) |
| Median Home Value | $515,674 |
| Average Home Value | $575,974 |
Housing Distribution
Address Breakdown
Residential
5,695
Single Family
5,695
Multi-Family
0
Businesses
300
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Listed by: Dawn Zesiger • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98949793
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.