450 Elm StLava Hot SpringsID83246
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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
Investment property for sale in Lava Hot Springs at 450 Elm St, Lava Hot Springs, ID, 83246 earns from $1,585/mo rent with a $1,610/mo payment. Total monthly income totals $1,585/mo. ROI tracks 16.53% on current figures, and rental yield reads 5.78% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 84.14% and total cumulative return in cash sums $91,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,585/mo property income instead of your personal income.
Single Family
Built in 1992
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83246, Lava Hot Springs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 635 (100%) |
| Owner Occupied HU | 351 (55.3%) |
| Renter Occupied HU | 94 (14.8%) |
| Vacant Housing Units | 190 (29.9%) |
| Median Home Value | $454,580 |
| Average Home Value | $576,083 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
63
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Listed by: Megan Reno • Gate City Real Estate
Mls Name: PCTMLS
Mls Provider:
Mls ID: #577052
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, and that data is deemed reliable but is not guaranteed accurate by the MLS.