521 Randolph AveMelbaID83641
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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 521 Randolph Ave, Melba, ID, 83641 uses $94,444 cash to close to unlock $4,722/yr annual cash flow and $393/mo monthly cash flow. Total monthly income runs $2,032/mo, and a $1,394/mo payment keeps the spread at $393/mo. Purchase price stands at $284,900, and rental yield measures 8.56% with $2,032/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 129.1% and total cumulative return in cash records $121,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,032/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1925
9,148 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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