4833 Lanark RdOvidID83254
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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 Ovid at 4833 Lanark Rd, Ovid, ID, 83254 uses $132,269 cash to close to unlock $822/yr annual cash flow and $69/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $1,953/mo payment keeps the spread at $69/mo. Purchase price stands at $399,000, and rental yield measures 7.11% with $2,364/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 105.61% and total cumulative return in cash records $139,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1932
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83254, Montpelier, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,937 (100%) |
| Owner Occupied HU | 1,340 (69.2%) |
| Renter Occupied HU | 321 (16.6%) |
| Vacant Housing Units | 276 (14.2%) |
| Median Home Value | $283,088 |
| Average Home Value | $331,377 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,494
Multi-Family
74
Businesses
180
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