1120 Phelps CirMountain HomeID83647
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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
Investment property for sale in Mountain Home at 1120 Phelps Cir, Mountain Home, ID, 83647 offers a 11.61% rental yield on a $239,900 purchase with $2,321/mo rent. Total monthly income registers $2,321/mo, and a $1,174/mo payment leaves $941/mo available for distribution. Annual cash flow reaches $11,293/yr on $79,527 to close, and return on cash invested stands at 34.11% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 178.45% and total cumulative return in cash at $141,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,321/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83647, Mountain Home, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,208 (100%) |
| Owner Occupied HU | 6,396 (62.7%) |
| Renter Occupied HU | 2,815 (27.6%) |
| Vacant Housing Units | 997 ( 9.8%) |
| Median Home Value | $345,693 |
| Average Home Value | $377,244 |
Housing Distribution
Address Breakdown
Residential
9,201
Single Family
9,171
Multi-Family
30
Businesses
632
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Listed by: Lynn Paoli • Homes of Idaho
Mls Name: IMLS
Mls ID: #98971266