477 N 3600 ELewisvilleID83431
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 Lewisville at 477 N 3600 E, Lewisville, ID, 83431 offers a 4.2% rental yield on a $400,000 purchase with $1,399/mo rent. 74% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 58.48% and total cumulative return in cash at $77,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,399/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83431, Lewisville, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 330 (100%) |
| Owner Occupied HU | 275 (83.3%) |
| Renter Occupied HU | 38 (11.5%) |
| Vacant Housing Units | 17 ( 5.2%) |
| Median Home Value | $383,088 |
| Average Home Value | $382,364 |
Housing Distribution
Address Breakdown
Residential
190
Single Family
190
Multi-Family
0
Businesses
17
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Nearby investment properties with comparable prices
Listed by: Dakri Bernard • Keller Williams Realty East Idaho
Mls Name: SRMLS
Mls Provider:
Mls ID: #2177587
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.