508 Laclede Shores DrLacledeID83841
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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 Laclede at 508 Laclede Shores Dr, Laclede, ID, 83841 generates $2,884/mo in rent and, after a $2,447/mo payment, leaves $8/mo in cash flow. Total monthly income is $2,884/mo, and annual cash flow is $95/yr on $165,717 invested. Return on cash invested sits at 19.97% in year one, and rental yield is 6.92% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 102.57% and total cumulative return in cash sums $169,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,884/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83841, Laclede, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 119 (100%) |
| Owner Occupied HU | 65 (54.6%) |
| Renter Occupied HU | 14 (11.8%) |
| Vacant Housing Units | 40 (33.6%) |
| Median Home Value | $612,500 |
| Average Home Value | $699,500 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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Listed by: Maegan Barrett • RE/MAX CENTENNIAL
Mls Name: SELMLS
Mls Provider:
Mls ID: #20242077
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.