816 Jack AveJeromeID83338
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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 Jerome at 816 Jack Ave, Jerome, ID, 83338 priced at $396,000 pairs $1,920/mo rent with after a $1,938/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 16.48% in year one, and rental yield stands at 5.82% on a $396,000 basis. Equity gained on principal adds $2,555/yr, and 5% annual appreciation accumulates to $109,408 by year five. Five-year ROI measures 83.98% and total cumulative return in cash reaches $110,240. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,938/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
7,100 sqft lot
$N/A/sqft
$200 annually 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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Listed by: Nick Imamovic • IdaHome Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98961314
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.