579 Cedar AvePonderayID83852
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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 Ponderay at 579 Cedar Ave, Ponderay, ID, 83852 priced at $211,242 converts $2,566/mo rent into $1,323/mo cash flow after a $1,034/mo obligation. Total monthly income equals $2,566/mo, and annual cash flow totals $15,879/yr on $70,027 invested. Return on cash invested prints 42.58% in year one, and rental yield reads 14.58% against a $211,242 entry. Equity gained on principal adds $1,363/yr, while 5% annual appreciation compiles into $58,362 by year five. Five-year ROI reaches 224.11% and total cumulative return in cash sums $156,933. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,566/mo property income covering a $1,034/mo payment, not borrower’s personal income.
Single Family
Built in 1947
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83852, Ponderay, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 751 (100%) |
| Owner Occupied HU | 377 (50.2%) |
| Renter Occupied HU | 320 (42.6%) |
| Vacant Housing Units | 54 ( 7.2%) |
| Median Home Value | $416,447 |
| Average Home Value | $475,338 |
Housing Distribution
Address Breakdown
Residential
551
Single Family
455
Multi-Family
96
Businesses
287
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