126 Canyon StHorseshoe BendID83629
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
Investment property for sale in Horseshoe Bend at 126 Canyon St, Horseshoe Bend, ID, 83629 uses $124,279 cash to close to unlock $2,463/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $2,362/mo, and a $1,835/mo payment keeps the spread at $205/mo. Purchase price stands at $374,900, and rental yield measures 7.56% with $2,362/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 112.92% and total cumulative return in cash records $140,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,362/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83629, Horseshoe Bend, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 983 (100%) |
| Owner Occupied HU | 663 (67.4%) |
| Renter Occupied HU | 133 (13.5%) |
| Vacant Housing Units | 187 (19.0%) |
| Median Home Value | $572,977 |
| Average Home Value | $651,927 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
82
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Listed by: Travis Jensen • Boise Premier Real Estate
Mls Name: IMLS
Mls ID: #98965927