504 Hornby PlDoverID83825
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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 Dover at 504 Hornby Pl, Dover, ID, 83825 priced at $1,445,000 converts $4,044/mo rent into after a $7,073/mo obligation. Total monthly income equals $4,044/mo. Return on cash invested prints 9.43% in year one, and rental yield reads 3.36% against a $1,445,000 entry. Equity gained on principal adds $9,324/yr, while 5% annual appreciation compiles into $399,227 by year five. Five-year ROI reaches 45.95% and total cumulative return in cash sums $215,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,044/mo property income covering a $7,073/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83825, Dover, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 154 (49.7%) |
| Renter Occupied HU | 44 (14.2%) |
| Vacant Housing Units | 112 (36.1%) |
| Median Home Value | $655,000 |
| Average Home Value | $738,994 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
20
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