651 S Steed RdInkomID83245
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
Investment property for sale in Inkom at 651 S Steed Rd, Inkom, ID, 83245 offers a 7.09% rental yield on a $545,900 purchase with $3,226/mo rent. Total monthly income registers $3,226/mo, and a $2,672/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,025/yr on $179,601 to close, and return on cash invested stands at 20.63% in year one. Equity gained on principal adds $3,523/yr while 5% annual appreciation supports $150,822 over five years. Portfolio math shows five-year ROI at 106.12% and total cumulative return in cash at $190,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,226/mo property income against a $2,672/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83245, Inkom, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 758 (88.7%) |
| Renter Occupied HU | 67 ( 7.8%) |
| Vacant Housing Units | 30 ( 3.5%) |
| Median Home Value | $447,273 |
| Average Home Value | $488,654 |
Housing Distribution
Address Breakdown
Residential
594
Single Family
594
Multi-Family
0
Businesses
41
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