4462 Highway 32DrummondID83420
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 Drummond at 4462 Highway 32, Drummond, ID, 83420 uses $228,655 cash to close to unlock $8,981/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $4,747/mo, and a $3,402/mo payment keeps the spread at $748/mo. Purchase price stands at $695,000, and rental yield measures 8.2% with $4,747/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 124.11% and total cumulative return in cash records $283,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,747/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83420, Ashton, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,299 (100%) |
| Owner Occupied HU | 850 (65.4%) |
| Renter Occupied HU | 161 (12.4%) |
| Vacant Housing Units | 288 (22.2%) |
| Median Home Value | $343,643 |
| Average Home Value | $444,268 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
78
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