2585 NE 15th AvePayetteID83661
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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 2585 NE 15th Ave, Payette, ID, 83661 earns $107/mo cash flow from $2,861/mo rent with a $2,322/mo payment. Total monthly income totals $2,861/mo, and annual cash flow totals $1,281/yr on $157,297 capital. ROI tracks 20.72% on current figures, and rental yield reads 7.24% at a $474,500 purchase. Equity gained on principal adds $3,062/yr, and 5% annual appreciation supports $131,096 over five years. Five-year ROI reaches 106.7% and total cumulative return in cash sums $167,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,861/mo property income instead of your personal income.
Single Family
Built in 2022
8,712 sqft lot
$N/A/sqft
$300 annually 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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Listed by: Virginia Wilkinson • Premier Group Realty West
Mls Name: IMLS
Mls Provider:
Mls ID: #98947353
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.