12618 N Ririe HwyRirieID83443
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
Rental property for sale in Ririe at 12618 N Ririe Hwy, Ririe, ID, 83443 generates $1,314/mo in rent, after a $1,463/mo payment. Total monthly income is $1,314/mo. Return on cash invested sits at 15% in year one, and rental yield is 5.27% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 75.97% and total cumulative return in cash sums $75,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83443, Ririe, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 352 (70.5%) |
| Renter Occupied HU | 77 (15.4%) |
| Vacant Housing Units | 70 (14.0%) |
| Median Home Value | $513,462 |
| Average Home Value | $493,565 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
