615 S 4th AveCaldwellID83605
INVESTMENT ANALYSIS
Investment Verdict
Solid Income615 S 4th Ave, Caldwell, ID, 83605 in Caldwell is a solid income-producing rental, 8.4% gross yield, $1,751/mo rent, $313/mo net cash flow on a $250,000 buy. DSCR 1.56 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $69,070 and $2,303/yr in principal reduction project a total cumulative return of $114,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.7% |
| Monthly Cash Flow | $313 | $185 |
City averages based on Caldwell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,751 |
| Total Monthly Debt Service | $1,339 |
| DSCR Ratio | 1.31x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
3,049 sqft 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
Nearby investment properties with comparable rents
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
Single Family
Built in 1930
3,049 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices