1148 Ridge Top RdBlanchardID83804
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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 Blanchard at 1148 Ridge Top Rd, Blanchard, ID, 83804 priced at $175,000 converts $1,535/mo rent into $528/mo cash flow after a $857/mo obligation. Total monthly income equals $1,535/mo, and annual cash flow totals $6,333/yr on $58,013 invested. Return on cash invested prints 30.83% in year one, and rental yield reads 10.53% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 160.82% and total cumulative return in cash sums $93,295. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,535/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1980
35.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83804, Blanchard, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 980 (100%) |
| Owner Occupied HU | 633 (64.6%) |
| Renter Occupied HU | 96 ( 9.8%) |
| Vacant Housing Units | 251 (25.6%) |
| Median Home Value | $510,071 |
| Average Home Value | $524,558 |
Housing Distribution
Address Breakdown
Residential
709
Single Family
653
Multi-Family
56
Businesses
39
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Listed by: Will Rhodes • KELLER WILLIAMS CDA
Mls Name: SELMLS
Mls Provider:
Mls ID: #20241626
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.