2620 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 2620 NE 15th Ave, Payette, ID, 83661 earns $336/mo cash flow from $2,809/mo rent with a $2,104/mo payment. Total monthly income totals $2,809/mo, and annual cash flow totals $4,032/yr on $142,512 capital. ROI tracks 22.74% on current figures, and rental yield reads 7.84% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 117.42% and total cumulative return in cash sums $167,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,809/mo property income instead of your personal income.
Single Family
Built in 2022
8,494 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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