513 Randolph StMelbaID83641
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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 Melba at 513 Randolph St, Melba, ID, 83641 earns $385/mo cash flow from $2,053/mo rent with a $1,419/mo payment. Total monthly income totals $2,053/mo, and annual cash flow totals $4,621/yr on $96,135 capital. ROI tracks 24.72% on current figures, and rental yield reads 8.5% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash sums $123,136. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,053/mo property income instead of your personal income.
Manufactured
Built in 1987
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83641, Melba, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 1,029 (74.7%) |
| Renter Occupied HU | 269 (19.5%) |
| Vacant Housing Units | 80 ( 5.8%) |
| Median Home Value | $502,997 |
| Average Home Value | $559,441 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,366
Multi-Family
0
Businesses
73
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