14948 Mortensen CtCaldwellID83607
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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 Caldwell at 14948 Mortensen Ct, Caldwell, ID, 83607 generates $4,280/mo in rent, after a $5,330/mo payment. Total monthly income is $4,280/mo. Return on cash invested sits at 13.51% in year one, and rental yield is 4.72% on a $1,089,000 entry. Equity gained on principal adds $7,027/yr, while 5% annual appreciation builds toward $300,871 over five years. Five-year ROI reaches 67.86% and total cumulative return in cash sums $239,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
2 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83607, Caldwell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,081 (100%) |
| Owner Occupied HU | 11,352 (80.6%) |
| Renter Occupied HU | 2,204 (15.7%) |
| Vacant Housing Units | 525 ( 3.7%) |
| Median Home Value | $447,329 |
| Average Home Value | $546,326 |
Housing Distribution
Address Breakdown
Residential
13,620
Single Family
13,242
Multi-Family
378
Businesses
275
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Listed by: Madelyn Reid • Homes of Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98944706
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.