1518 Shortt LnRupertID83350
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 Rupert at 1518 Shortt Ln, Rupert, ID, 83350 offers $1,674/mo rent that, after a $1,711/mo payment. Total monthly income is $1,674/mo. Return on cash invested measures 16.42% in year one, and rental yield stands at 5.75% at a $349,500 entry. Equity gained on principal adds $2,255/yr while 5% annual appreciation compounds into $96,560 by year five. Five-year ROI records 83.6% and total cumulative return in cash reaches $96,853. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,674/mo property income versus a $1,711/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83350, Rupert, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 3,447 (67.1%) |
| Renter Occupied HU | 1,301 (25.3%) |
| Vacant Housing Units | 392 ( 7.6%) |
| Median Home Value | $284,386 |
| Average Home Value | $353,565 |
Housing Distribution
Address Breakdown
Residential
4,912
Single Family
4,826
Multi-Family
86
Businesses
334
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