102 N Hornet Creek StCouncilID83612
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 Council at 102 N Hornet Creek St, Council, ID, 83612 priced at $349,900 converts $2,038/mo rent into $25/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,038/mo, and annual cash flow totals $296/yr on $115,992 invested. Return on cash invested prints 20.16% in year one, and rental yield reads 6.99% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 103.65% and total cumulative return in cash sums $120,222. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,038/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1965
3.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83612, Council, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,281 (100%) |
| Owner Occupied HU | 796 (62.1%) |
| Renter Occupied HU | 214 (16.7%) |
| Vacant Housing Units | 271 (21.2%) |
| Median Home Value | $374,667 |
| Average Home Value | $474,171 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
517
Multi-Family
24
Businesses
92
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Nearby investment properties with comparable prices
Listed by: Wendy Ogden • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98948410
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.