417 E Avenue GJeromeID83338
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
Rental property for sale in Jerome at 417 E Avenue G, Jerome, ID, 83338 priced at $196,000 pairs $1,920/mo rent with $793/mo cash flow after a $959/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $9,513/yr on $64,974 invested. Return on cash invested is 34.55% in year one, and rental yield stands at 11.76% on a $196,000 basis. Equity gained on principal adds $1,265/yr, and 5% annual appreciation accumulates to $54,151 by year five. Five-year ROI measures 180.79% and total cumulative return in cash reaches $117,468. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $959/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
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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