622 1st Ave EGoodingID83330
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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
Investment property for sale in Gooding at 622 1st Ave E, Gooding, ID, 83330 earns $196/mo cash flow from $1,744/mo rent with a $1,317/mo payment. Total monthly income totals $1,744/mo, and annual cash flow totals $2,353/yr on $89,174 capital. ROI tracks 22.55% on current figures, and rental yield reads 7.78% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 116.47% and total cumulative return in cash sums $103,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,744/mo property income instead of your personal income.
Single Family
Built in 1975
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83330, Gooding, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,634 (100%) |
| Owner Occupied HU | 1,737 (65.9%) |
| Renter Occupied HU | 779 (29.6%) |
| Vacant Housing Units | 118 ( 4.5%) |
| Median Home Value | $274,257 |
| Average Home Value | $321,737 |
Housing Distribution
Address Breakdown
Residential
2,514
Single Family
2,509
Multi-Family
5
Businesses
216
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