556 6th Ave EWendellID83355
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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 Wendell at 556 6th Ave E, Wendell, ID, 83355 priced at $294,990 pairs $2,202/mo rent with $505/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,202/mo, and annual cash flow comes to $6,058/yr on $97,789 invested. Return on cash invested is 26.1% in year one, and rental yield stands at 8.96% on a $294,990 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,500 by year five. Five-year ROI measures 135.49% and total cumulative return in cash reaches $132,491. For financing, Ziffy Mortgage’s DSCR program evaluates $2,202/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83355, Wendell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,008 (100%) |
| Owner Occupied HU | 1,225 (61.0%) |
| Renter Occupied HU | 668 (33.3%) |
| Vacant Housing Units | 115 ( 5.7%) |
| Median Home Value | $279,206 |
| Average Home Value | $349,010 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,748
Multi-Family
0
Businesses
110
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Listed by: Baldemar Gonzalez • Amherst Madison
Mls Name: IMLS
Mls Provider:
Mls ID: #98952305
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.