215 Farber DrPayetteID83661
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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
Investment property for sale in Payette at 215 Farber Dr, Payette, ID, 83661 with 5% annual appreciation on a $252,000 basis while $1,686/mo rent supports operations. Total monthly income totals $1,686/mo and a $1,233/mo payment preserves $237/mo for cash returns. Annual cash flow comes to $2,840/yr on $83,538 deployed, and return on cash invested reaches 23.31% in year one. Equity gained on principal adds $1,626/yr, and five-year appreciation sums $69,623 alongside rental yield of 8.03%. Five-year ROI measures 120.51% and total cumulative return in cash totals $100,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,686/mo property income versus a $1,233/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1980
6,534 sqft lot
$N/A/sqft
No 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
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