5405 E Buchanan DrIonaID83427
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 5405 E Buchanan Dr, Iona, ID, 83427 offers a 6.85% rental yield on a $524,599 purchase with $2,995/mo rent. 9% in year one. Equity gained on principal adds $3,385/yr while 5% annual appreciation supports $144,937 over five years. Portfolio math shows five-year ROI at 102.18% and total cumulative return in cash at $176,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,995/mo property income against a $2,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.34 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
