72 S 3 WLava Hot SpringsID83246
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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
Rental property for sale in Lava Hot Springs at 72 S 3 W, Lava Hot Springs, ID, 83246 priced at $569,000 converts $2,350/mo rent into after a $2,785/mo obligation. Total monthly income equals $2,350/mo. Return on cash invested prints 14.14% in year one, and rental yield reads 4.96% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 71.3% and total cumulative return in cash sums $133,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,350/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Single Family
Built in 1972
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83246, Lava Hot Springs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 635 (100%) |
| Owner Occupied HU | 351 (55.3%) |
| Renter Occupied HU | 94 (14.8%) |
| Vacant Housing Units | 190 (29.9%) |
| Median Home Value | $454,580 |
| Average Home Value | $576,083 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
63
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Listed by: Michelle Baker • Idaho Rocky Mountain Real Estate
Mls Name: SRMLS
Mls ID: #2179175