511 E Spring St SOldtownID83822
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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 Oldtown at 511 E Spring St S, Oldtown, ID, 83822 with 5% annual appreciation on a $229,750 basis while $1,710/mo rent supports operations. Total monthly income totals $1,710/mo and a $1,125/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,654/yr on $76,162 deployed, and return on cash invested reaches 26.02% in year one. Equity gained on principal adds $1,483/yr, and five-year appreciation sums $63,476 alongside rental yield of 8.93%. Five-year ROI measures 135.04% and total cumulative return in cash totals $102,852.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,710/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83822, Oldtown, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 781 (75.0%) |
| Renter Occupied HU | 158 (15.2%) |
| Vacant Housing Units | 103 ( 9.9%) |
| Median Home Value | $395,161 |
| Average Home Value | $439,850 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
48
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