719 6th Ave EJeromeID83338
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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 Jerome at 719 6th Ave E, Jerome, ID, 83338 uses $91,163 cash to close to unlock $4,895/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $1,990/mo, and a $1,346/mo payment keeps the spread at $408/mo. Purchase price stands at $275,000, and rental yield measures 8.68% with $1,990/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 131.07% and total cumulative return in cash records $119,483. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,990/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1979
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83338, Jerome, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,007 (100%) |
| Owner Occupied HU | 5,463 (68.2%) |
| Renter Occupied HU | 2,203 (27.5%) |
| Vacant Housing Units | 341 ( 4.3%) |
| Median Home Value | $336,869 |
| Average Home Value | $385,063 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
7,385
Multi-Family
130
Businesses
619
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