601 N Georgia AveCaldwellID83605
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 601 N Georgia Ave, Caldwell, ID, 83605 in Caldwell. Priced at $274,900, it generates $2,448/mo in gross rent and $867/mo in net monthly cash flow, a 10.69% yield that comfortably supports the 1.88 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,399. Five-year appreciation: $75,950. Equity from principal paydown: $2,304/yr. Total projected cumulative return: $154,366.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 4.7% |
| Monthly Cash Flow | $867 | $185 |
City averages based on Caldwell market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,448 |
| Total Monthly Debt Service | $1,539 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83605, Caldwell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,262 (100%) |
| Owner Occupied HU | 10,439 (68.4%) |
| Renter Occupied HU | 4,270 (28.0%) |
| Vacant Housing Units | 553 ( 3.6%) |
| Median Home Value | $381,451 |
| Average Home Value | $394,583 |
Housing Distribution
Address Breakdown
Residential
14,660
Single Family
14,173
Multi-Family
487
Businesses
1,090
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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
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Nearby investment properties with comparable prices
