601 E 5th St SOldtownID83822
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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 Oldtown at 601 E 5th St S, Oldtown, ID, 83822 uses $39,449 cash to close to unlock $5,818/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $1,169/mo, and a $582/mo payment keeps the spread at $485/mo. Purchase price stands at $119,000, and rental yield measures 11.79% with $1,169/mo rent. Return on cash invested shows 34.66% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 181.34% and total cumulative return in cash records $71,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,169/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83822, Oldtown, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 781 (75.0%) |
| Renter Occupied HU | 158 (15.2%) |
| Vacant Housing Units | 103 ( 9.9%) |
| Median Home Value | $395,161 |
| Average Home Value | $439,850 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
48
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