1500 Cantebria WayPayetteID83661
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 Payette at 1500 Cantebria Way, Payette, ID, 83661 generates $1,925/mo in rent and, after a $1,468/mo payment, leaves $137/mo in cash flow. Total monthly income is $1,925/mo, and annual cash flow is $1,644/yr on $99,450 invested. Return on cash invested sits at 21.56% in year one, and rental yield is 7.7% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 111.38% and total cumulative return in cash sums $110,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,925/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
4,356 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83661, Payette, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,624 (100%) |
| Owner Occupied HU | 3,123 (67.5%) |
| Renter Occupied HU | 1,302 (28.2%) |
| Vacant Housing Units | 199 ( 4.3%) |
| Median Home Value | $274,292 |
| Average Home Value | $471,386 |
Housing Distribution
Address Breakdown
Residential
4,273
Single Family
4,170
Multi-Family
103
Businesses
365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Madsen • 208 Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98957988
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.