5173 E Free AveIonaID83427
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
Investment property for sale in Iona at 5173 E Free Ave, Iona, ID, 83427 uses $76,245 cash to close to unlock $4,639/yr annual cash flow and $387/mo monthly cash flow. Total monthly income runs $1,710/mo, and a $1,126/mo payment keeps the spread at $387/mo. Purchase price stands at $230,000, and rental yield measures 8.92% with $1,710/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 134.92% and total cumulative return in cash records $102,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,710/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
