524 Cornwall WayFruitlandID83619
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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 Fruitland at 524 Cornwall Way, Fruitland, ID, 83619 offers a 7.65% rental yield on a $499,000 purchase with $3,182/mo rent. Total monthly income registers $3,182/mo, and a $2,442/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,540/yr on $165,419 to close, and return on cash invested stands at 22.05% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 113.81% and total cumulative return in cash at $188,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,182/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
9,583 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83619, Fruitland, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,685 (72.8%) |
| Renter Occupied HU | 828 (22.5%) |
| Vacant Housing Units | 174 ( 4.7%) |
| Median Home Value | $356,968 |
| Average Home Value | $368,828 |
Housing Distribution
Address Breakdown
Residential
3,485
Single Family
3,482
Multi-Family
3
Businesses
372
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Listed by: Rosemary Knapp • Malheur Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98944433
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.