1110 W Elkhorn Meadows RdFernwoodID83830
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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 Fernwood at 1110 W Elkhorn Meadows Rd, Fernwood, ID, 83830 priced at $300,000 pairs $1,736/mo rent with $11/mo cash flow after a $1,468/mo payment. Total monthly income equals $1,736/mo, and annual cash flow comes to $126/yr on $99,450 invested. Return on cash invested is 20.04% in year one, and rental yield stands at 6.94% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 102.97% and total cumulative return in cash reaches $102,408. For financing, Ziffy Mortgage’s DSCR program evaluates $1,736/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83830, Fernwood, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 205 (70.2%) |
| Renter Occupied HU | 41 (14.0%) |
| Vacant Housing Units | 46 (15.8%) |
| Median Home Value | $273,780 |
| Average Home Value | $340,171 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
12
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