79 E 2nd St NDowneyID83234
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 79 E 2nd St N, Downey, ID, 83234 in Downey is narrow, $189/mo net on $1,811/mo rent after the $1,268/mo debt service, but the property operates at break-even-plus, not a loss. At $282,000 with a 7.71% yield, the long-run equity case via 5% appreciation ($77,911 over five years) and $2,597/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.43 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $118,533.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.2% |
| Monthly Cash Flow | $189 | $300 |
City averages based on Downey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,811 |
| Total Monthly Debt Service | $1,510 |
| DSCR Ratio | 1.20x |
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.
Single Family
Built in 1930
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83234, Downey, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 443 (67.3%) |
| Renter Occupied HU | 66 (10.0%) |
| Vacant Housing Units | 149 (22.6%) |
| Median Home Value | $209,052 |
| Average Home Value | $256,981 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
278
Multi-Family
0
Businesses
32
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
Single Family
Built in 1930
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83234, Downey, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 443 (67.3%) |
| Renter Occupied HU | 66 (10.0%) |
| Vacant Housing Units | 149 (22.6%) |
| Median Home Value | $209,052 |
| Average Home Value | $256,981 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
278
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices