8 Goodman LnSalmonID83467
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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
Total monthly income runs $2,398/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 1.92% with $2,398/mo rent. Return on cash invested shows 4.98% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 22.12% and total cumulative return in cash records $107,519. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,398/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Single Family
Built in 1910
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83467, Salmon, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,346 (100%) |
| Owner Occupied HU | 2,389 (71.4%) |
| Renter Occupied HU | 566 (16.9%) |
| Vacant Housing Units | 391 (11.7%) |
| Median Home Value | $405,904 |
| Average Home Value | $519,519 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,037
Multi-Family
26
Businesses
414
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