623 S Lakeside Dr #50FranklinID83237
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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 Franklin at 623 S Lakeside Dr #50, Franklin, ID, 83237 listed at $499,900 pairs $2,388/mo rent with a $2,447/mo payment. Total monthly income runs $2,388/mo. Return on cash invested measures 16.37% in year one, and rental yield registers 5.73% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 83.31% and total cumulative return in cash totals $138,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,388/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83237, Franklin, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 510 (75.9%) |
| Renter Occupied HU | 101 (15.0%) |
| Vacant Housing Units | 61 ( 9.1%) |
| Median Home Value | $470,370 |
| Average Home Value | $509,103 |
Housing Distribution
Address Breakdown
Residential
535
Single Family
535
Multi-Family
0
Businesses
21
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