998 Mountain RdGraceID83241
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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 Grace at 998 Mountain Rd, Grace, ID, 83241 generates $1,987/mo in rent, after a $1,713/mo payment. Total monthly income is $1,987/mo. Return on cash invested sits at 19.64% in year one, and rental yield is 6.81% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 100.82% and total cumulative return in cash sums $116,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,987/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83241, Grace, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 575 (73.7%) |
| Renter Occupied HU | 128 (16.4%) |
| Vacant Housing Units | 77 ( 9.9%) |
| Median Home Value | $259,698 |
| Average Home Value | $312,570 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
588
Multi-Family
1
Businesses
58
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