583 N 3500 EMenanID83434
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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 Menan at 583 N 3500 E, Menan, ID, 83434 offers a 7.77% rental yield on a $216,700 purchase with $1,404/mo rent. Total monthly income registers $1,404/mo, and a $1,061/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,884/yr on $71,836 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $1,398/yr while 5% annual appreciation supports $59,870 over five years. Portfolio math shows five-year ROI at 116.32% and total cumulative return in cash at $83,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,404/mo property income against a $1,061/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83434, Menan, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 736 (100%) |
| Owner Occupied HU | 595 (80.8%) |
| Renter Occupied HU | 98 (13.3%) |
| Vacant Housing Units | 43 ( 5.8%) |
| Median Home Value | $445,364 |
| Average Home Value | $454,088 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
30
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