605 Grand Harvest AveNew PlymouthID83655
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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 New Plymouth at 605 Grand Harvest Ave, New Plymouth, ID, 83655 priced at $505,000 converts $3,144/mo rent into $239/mo cash flow after a $2,472/mo obligation. Total monthly income equals $3,144/mo, and annual cash flow totals $2,862/yr on $166,145 invested. Return on cash invested prints 21.78% in year one, and rental yield reads 7.47% against a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation compiles into $139,522 by year five. Five-year ROI reaches 112.29% and total cumulative return in cash sums $186,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,144/mo property income covering a $2,472/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83655, New Plymouth, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,886 (100%) |
| Owner Occupied HU | 1,491 (79.1%) |
| Renter Occupied HU | 314 (16.6%) |
| Vacant Housing Units | 81 ( 4.3%) |
| Median Home Value | $402,951 |
| Average Home Value | $482,701 |
Housing Distribution
Address Breakdown
Residential
1,622
Single Family
1,622
Multi-Family
0
Businesses
97
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Listed by: Victor Thompson • LPT Realty
Mls Name: IMLS
Mls ID: #98967001