20409 S Main StCareyID83320
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 20409 S Main St, Carey, ID, 83320 in Carey is listed at $435,000 and delivers $3,208/mo in rent and $705/mo in net monthly cash flow. The 8.85% yield and 1.64 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $120,182 over five years, and $4,006/yr in principal reduction supplements cash return. Total projected cumulative return: $209,527.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $705 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,208 |
| Total Monthly Debt Service | $2,329 |
| DSCR Ratio | 1.38x |
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.
Manufactured
Built in 1998
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83320, Carey, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 272 (59.9%) |
| Renter Occupied HU | 107 (23.6%) |
| Vacant Housing Units | 75 (16.5%) |
| Median Home Value | $217,143 |
| Average Home Value | $312,537 |
Housing Distribution
Address Breakdown
Residential
232
Single Family
232
Multi-Family
0
Businesses
33
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
Manufactured
Built in 1998
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83320, Carey, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 272 (59.9%) |
| Renter Occupied HU | 107 (23.6%) |
| Vacant Housing Units | 75 (16.5%) |
| Median Home Value | $217,143 |
| Average Home Value | $312,537 |
Housing Distribution
Address Breakdown
Residential
232
Single Family
232
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices