2440 Cannon RdArcoID83213
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 Arco at 2440 Cannon Rd, Arco, ID, 83213 priced at $415,000 converts $2,264/mo rent into after a $2,031/mo obligation. Total monthly income equals $2,264/mo. Return on cash invested prints 18.83% in year one, and rental yield reads 6.55% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 96.5% and total cumulative return in cash sums $132,753. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,264/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 1980
13.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83213, Arco, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 440 (55.4%) |
| Renter Occupied HU | 186 (23.4%) |
| Vacant Housing Units | 168 (21.2%) |
| Median Home Value | $230,973 |
| Average Home Value | $255,563 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
474
Multi-Family
39
Businesses
78
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