4408 Lake AveCaldwellID83607
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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 Caldwell at 4408 Lake Ave, Caldwell, ID, 83607 priced at $538,850 converts $2,028/mo rent into after a $2,637/mo obligation. Total monthly income equals $2,028/mo. Return on cash invested prints 12.81% in year one, and rental yield reads 4.52% against a $538,850 entry. Equity gained on principal adds $3,477/yr, while 5% annual appreciation compiles into $148,874 by year five. Five-year ROI reaches 64.15% and total cumulative return in cash sums $113,725. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,028/mo property income covering a $2,637/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83607, Caldwell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,081 (100%) |
| Owner Occupied HU | 11,352 (80.6%) |
| Renter Occupied HU | 2,204 (15.7%) |
| Vacant Housing Units | 525 ( 3.7%) |
| Median Home Value | $447,329 |
| Average Home Value | $546,326 |
Housing Distribution
Address Breakdown
Residential
13,620
Single Family
13,242
Multi-Family
378
Businesses
275
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Listed by: Robin Starr Crawford • Indian Creek Realty, Inc
Mls Name: IMLS
Mls Provider:
Mls ID: #98924601
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.