2490 Watts LnPayetteID83661
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
Investment property for sale in Payette at 2490 Watts Ln, Payette, ID, 83661 with 5% annual appreciation on a $997,500 basis while $3,518/mo rent supports operations. 94% in year one. Equity gained on principal adds $6,437/yr, and five-year appreciation sums $275,591 alongside rental yield of 4.23%. Five-year ROI measures 59.5% and total cumulative return in cash totals $195,275. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,518/mo property income versus a $4,882/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
2.22 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices