2240 Little Rock RdEmmettID83617
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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 Emmett at 2240 Little Rock Rd, Emmett, ID, 83617 priced at $948,000 converts $3,162/mo rent into after a $4,640/mo obligation. Total monthly income equals $3,162/mo. Return on cash invested prints 11.24% in year one, and rental yield reads 4% against a $948,000 entry. Equity gained on principal adds $6,117/yr, while 5% annual appreciation compiles into $261,915 by year five. Five-year ROI reaches 55.76% and total cumulative return in cash sums $173,926. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,162/mo property income covering a $4,640/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83617, Emmett, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,637 (100%) |
| Owner Occupied HU | 5,804 (76.0%) |
| Renter Occupied HU | 1,561 (20.4%) |
| Vacant Housing Units | 272 ( 3.6%) |
| Median Home Value | $431,133 |
| Average Home Value | $481,036 |
Housing Distribution
Address Breakdown
Residential
7,249
Single Family
7,149
Multi-Family
100
Businesses
545
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