521 S State StPrestonID83263
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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 Preston at 521 S State St, Preston, ID, 83263 priced at $275,000 converts $1,501/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,501/mo. Return on cash invested prints 18.84% in year one, and rental yield reads 6.55% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 96.54% and total cumulative return in cash sums $88,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,501/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83263, Preston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,861 (74.9%) |
| Renter Occupied HU | 686 (18.0%) |
| Vacant Housing Units | 271 ( 7.1%) |
| Median Home Value | $385,890 |
| Average Home Value | $456,881 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,624
Multi-Family
0
Businesses
317
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