L5-B28 Hogan RdNew MeadowsID83654
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
Investment Highlights
Rental property for sale in New Meadows at L5-B28 Hogan Rd, New Meadows, ID, 83654 generates $1,996/mo in rent and, after a $930/mo payment, leaves $903/mo in cash flow. Total monthly income is $1,996/mo, and annual cash flow is $10,835/yr on $62,985 invested. Return on cash invested sits at 37.11% in year one, and rental yield is 12.61% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 194.5% and total cumulative return in cash sums $122,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,996/mo property income rather than buyer’s personal income.
Lot
Built in N/A
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83654, New Meadows, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 680 (54.0%) |
| Renter Occupied HU | 151 (12.0%) |
| Vacant Housing Units | 429 (34.0%) |
| Median Home Value | $577,381 |
| Average Home Value | $609,585 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: Kyle Looper • Engel & Vlkers McCall
Mls Name: MCAR
Mls Provider:
Mls ID: #541525
Disclaimer: Copyright Mountain Central Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.