655 W 24th StBurleyID83318
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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 Burley at 655 W 24th St, Burley, ID, 83318 earns $739/mo cash flow from $3,587/mo rent with a $2,423/mo payment. Total monthly income totals $3,587/mo, and annual cash flow totals $8,869/yr on $164,093 capital. ROI tracks 25.31% on current figures, and rental yield reads 8.7% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 131.27% and total cumulative return in cash sums $215,410. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,587/mo property income instead of your personal income.
Single Family
Built in 1977
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83318, Burley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,166 (100%) |
| Owner Occupied HU | 4,605 (64.3%) |
| Renter Occupied HU | 2,200 (30.7%) |
| Vacant Housing Units | 361 ( 5.0%) |
| Median Home Value | $335,600 |
| Average Home Value | $399,917 |
Housing Distribution
Address Breakdown
Residential
6,844
Single Family
6,644
Multi-Family
200
Businesses
865
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