605 Park StLewistonID83501
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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 Lewiston at 605 Park St, Lewiston, ID, 83501 priced at $235,000 pairs $2,078/mo rent with $651/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,078/mo, and annual cash flow comes to $7,815/yr on $77,903 invested. Return on cash invested is 29.94% in year one, and rental yield stands at 10.61% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 156.54% and total cumulative return in cash reaches $121,948. For financing, Ziffy Mortgage’s DSCR program evaluates $2,078/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83501, Lewiston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 11,156 (67.1%) |
| Renter Occupied HU | 4,748 (28.5%) |
| Vacant Housing Units | 730 ( 4.4%) |
| Median Home Value | $363,387 |
| Average Home Value | $396,952 |
Housing Distribution
Address Breakdown
Residential
15,777
Single Family
15,154
Multi-Family
623
Businesses
1,512
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Listed by: Heather Graffee • RE/MAX Rock-n-Roll Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98941735
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.