509 Grand Harvest AveNew PlymouthID83655
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 509 Grand Harvest Ave, New Plymouth, ID, 83655 in New Plymouth is narrow, $79/mo net on $3,305/mo rent after the $2,495/mo debt service, but the property operates at break-even-plus, not a loss. At $554,900 with a 7.15% yield, the long-run equity case via 5% appreciation ($153,309 over five years) and $5,111/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.32 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $214,651.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.5% |
| Monthly Cash Flow | $79 | $350 |
City averages based on New Plymouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,305 |
| Total Monthly Debt Service | $3,005 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
9,975 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83655, New Plymouth, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,886 (100%) |
| Owner Occupied HU | 1,491 (79.1%) |
| Renter Occupied HU | 314 (16.6%) |
| Vacant Housing Units | 81 ( 4.3%) |
| Median Home Value | $402,951 |
| Average Home Value | $482,701 |
Housing Distribution
Address Breakdown
Residential
1,622
Single Family
1,622
Multi-Family
0
Businesses
97
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
Single Family
Built in 2024
9,975 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83655, New Plymouth, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,886 (100%) |
| Owner Occupied HU | 1,491 (79.1%) |
| Renter Occupied HU | 314 (16.6%) |
| Vacant Housing Units | 81 ( 4.3%) |
| Median Home Value | $402,951 |
| Average Home Value | $482,701 |
Housing Distribution
Address Breakdown
Residential
1,622
Single Family
1,622
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug Lampman • Homes of Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98955387
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. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.