5140 E Ball CirIonaID83427
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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 Iona at 5140 E Ball Cir, Iona, ID, 83427 priced at $595,000 converts $1,710/mo rent into after a $2,912/mo obligation. Total monthly income equals $1,710/mo. Return on cash invested prints 9.56% in year one, and rental yield reads 3.45% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 46.76% and total cumulative return in cash sums $91,526. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,710/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83427, Iona, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 908 (100%) |
| Owner Occupied HU | 816 (89.9%) |
| Renter Occupied HU | 49 ( 5.4%) |
| Vacant Housing Units | 43 ( 4.7%) |
| Median Home Value | $464,141 |
| Average Home Value | $504,939 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
815
Multi-Family
0
Businesses
66
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