170 Summit Ridge RdHorseshoe 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 170 Summit Ridge Rd, Horseshoe Bend, ID, 83629 generates $3,960/mo in rent, after a $6,681/mo payment. Total monthly income is $3,960/mo. Return on cash invested sits at 9.81% in year one, and rental yield is 3.48% on a $1,364,900 entry. Equity gained on principal adds $8,807/yr, while 5% annual appreciation builds toward $377,097 over five years. Five-year ROI reaches 47.99% and total cumulative return in cash sums $212,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,960/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
12.38 Acres lot
$N/A/sqft
No 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: Doug Hofmann • Silvercreek Realty Group
Mls Name: IMLS
Mls ID: #98969413