6385 Melba RdMelbaID83641
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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
Total monthly income runs $2,647/mo, and a $2,643/mo payment. Purchase price stands at $540,000, and rental yield measures 5.88% with $2,647/mo rent. Return on cash invested shows 16.96% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 86.41% and total cumulative return in cash records $153,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,647/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83641, Melba, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 1,029 (74.7%) |
| Renter Occupied HU | 269 (19.5%) |
| Vacant Housing Units | 80 ( 5.8%) |
| Median Home Value | $502,997 |
| Average Home Value | $559,441 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,366
Multi-Family
0
Businesses
73
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Listed by: Jonathan Boyd • Homes of Idaho-Newell Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98953094
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.