516 17th StSalmonID83467
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
Investment Highlights
Rental property for sale in Salmon at 516 17th St, Salmon, ID, 83467 generates $1,720/mo in rent and, after a $1,370/mo payment, leaves $68/mo in cash flow. Total monthly income is $1,720/mo, and annual cash flow is $818/yr on $92,820 invested. Return on cash invested sits at 20.79% in year one, and rental yield is 7.37% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 107.24% and total cumulative return in cash sums $99,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,720/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83467, Salmon, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,346 (100%) |
| Owner Occupied HU | 2,389 (71.4%) |
| Renter Occupied HU | 566 (16.9%) |
| Vacant Housing Units | 391 (11.7%) |
| Median Home Value | $405,904 |
| Average Home Value | $519,519 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,037
Multi-Family
26
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
