617 W Main StWeiserID83672
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
Investment Highlights
Rental property for sale in Weiser at 617 W Main St, Weiser, ID, 83672 priced at $204,800 converts $1,824/mo rent into $600/mo cash flow after a $1,002/mo obligation. Total monthly income equals $1,824/mo, and annual cash flow totals $7,195/yr on $67,891 invested. Return on cash invested prints 30.51% in year one, and rental yield reads 10.69% against a $204,800 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation compiles into $56,582 by year five. Five-year ROI reaches 159.42% and total cumulative return in cash sums $108,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,824/mo property income covering a $1,002/mo payment, not borrower’s personal income.
Single Family
Built in 1908
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83672, Weiser, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,912 (100%) |
| Owner Occupied HU | 2,697 (68.9%) |
| Renter Occupied HU | 887 (22.7%) |
| Vacant Housing Units | 328 ( 8.4%) |
| Median Home Value | $315,647 |
| Average Home Value | $391,191 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
3,436
Multi-Family
170
Businesses
381
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Listed by: Russ Poe • Elevate Real Estate LLC
Mls Name: IMLS
Mls Provider:
Mls ID: #98959031
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.