12616 W Norterra LnStarID83669
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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 Star at 12616 W Norterra Ln, Star, ID, 83669 listed at $427,490 pairs $2,868/mo rent with a $2,092/mo payment to leave $259/mo cash flow. Total monthly income runs $2,868/mo, and annual cash flow reaches $3,109/yr on $141,713 cash to close. Return on cash invested measures 22.1% in year one, and rental yield registers 8.05% at a $427,490 basis. Equity gained on principal adds $2,759/yr, and annual property appreciation at 5% supports $118,108 by year five. Five-year ROI tracks 114.51% and total cumulative return in cash totals $162,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,868/mo property income relative to a $2,092/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
3,136 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83669, Star, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,991 (100%) |
| Owner Occupied HU | 6,921 (86.6%) |
| Renter Occupied HU | 826 (10.3%) |
| Vacant Housing Units | 244 ( 3.1%) |
| Median Home Value | $687,248 |
| Average Home Value | $735,125 |
Housing Distribution
Address Breakdown
Residential
6,815
Single Family
6,814
Multi-Family
1
Businesses
339
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Listed by: Ben Myers • Homes of Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98921215
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.