510 E Main StCraigmontID83523
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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 Craigmont at 510 E Main St, Craigmont, ID, 83523 generates $1,669/mo in rent, after a $1,582/mo payment. Total monthly income is $1,669/mo. Return on cash invested sits at 17.78% in year one, and rental yield is 6.19% on a $323,300 entry. Equity gained on principal adds $2,086/yr, while 5% annual appreciation builds toward $89,322 over five years. Five-year ROI reaches 90.83% and total cumulative return in cash sums $97,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,669/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83523, Craigmont, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 374 (100%) |
| Owner Occupied HU | 257 (68.7%) |
| Renter Occupied HU | 38 (10.2%) |
| Vacant Housing Units | 79 (21.1%) |
| Median Home Value | $258,125 |
| Average Home Value | $318,288 |
Housing Distribution
Address Breakdown
Residential
130
Single Family
130
Multi-Family
0
Businesses
40
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