66 Lakeview DrCareyID83320
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 66 Lakeview Dr, Carey, ID, 83320 in Carey is listed at $239,000 and delivers $1,693/mo in rent and $318/mo in net monthly cash flow. The 8.5% yield and 1.57 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $66,031 over five years, and $2,201/yr in principal reduction supplements cash return. Total projected cumulative return: $110,629.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.5% |
| Monthly Cash Flow | $318 | $800 |
City averages based on Carey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,693 |
| Total Monthly Debt Service | $1,280 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1978
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83320, Carey, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 272 (59.9%) |
| Renter Occupied HU | 107 (23.6%) |
| Vacant Housing Units | 75 (16.5%) |
| Median Home Value | $217,143 |
| Average Home Value | $312,537 |
Housing Distribution
Address Breakdown
Residential
232
Single Family
232
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Manufactured
Built in 1978
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83320, Carey, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 272 (59.9%) |
| Renter Occupied HU | 107 (23.6%) |
| Vacant Housing Units | 75 (16.5%) |
| Median Home Value | $217,143 |
| Average Home Value | $312,537 |
Housing Distribution
Address Breakdown
Residential
232
Single Family
232
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Debra Hall • Hallmark Idaho Properties, LLC
Mls Name: Sun Valley BOR MLS
Mls Provider:
Mls ID: #25-333237
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided by Sun Valley Board of REALTORS/ Sun Valley Multiple Listing Service is deemed reliable but not guaranteed by the MLS. The properties displayed are provided courtesy of Real Estate Brokers participating in the Sun Valley Board of REALTORS/ Sun Valley Multiple Listing Service Internet Data Exchange Program (IDX).