129 Saddlenotch DrHorseshoe 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
Rental property for sale in Horseshoe Bend at 129 Saddlenotch Dr, Horseshoe Bend, ID, 83629 offers $2,621/mo rent that, after a $2,031/mo payment, leaves $223/mo cash flow. Total monthly income is $2,621/mo, and annual cash flow is $2,676/yr on $137,573 cash. Return on cash invested measures 21.85% in year one, and rental yield stands at 7.58% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 112.73% and total cumulative return in cash reaches $155,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,621/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,356 sqft lot
$N/A/sqft
$130 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Trimble • RE/MAX Executives
Mls Name: IMLS
Mls Provider:
Mls ID: #98932842
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.