107 E Montana AveHomedaleID83628
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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 Homedale at 107 E Montana Ave, Homedale, ID, 83628 priced at $180,000 converts $1,500/mo rent into $465/mo cash flow after a $881/mo obligation. Total monthly income equals $1,500/mo, and annual cash flow totals $5,574/yr on $59,670 invested. Return on cash invested prints 29.25% in year one, and rental yield reads 10% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 152.39% and total cumulative return in cash sums $90,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1947
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83628, Homedale, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 1,424 (72.3%) |
| Renter Occupied HU | 474 (24.1%) |
| Vacant Housing Units | 71 ( 3.6%) |
| Median Home Value | $319,900 |
| Average Home Value | $342,205 |
Housing Distribution
Address Breakdown
Residential
1,766
Single Family
1,709
Multi-Family
57
Businesses
148
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