3097 Ponderosa CtNew MeadowsID83654
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 New Meadows at 3097 Ponderosa Ct, New Meadows, ID, 83654 offers $1,800/mo rent that, after a $2,834/mo payment. Total monthly income is $1,800/mo. Return on cash invested measures 9.49% in year one, and rental yield stands at 3.73% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 46.69% and total cumulative return in cash reaches $88,939. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.34 Acres lot
$N/A/sqft
$1,771 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83654, New Meadows, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,260 (100%) |
| Owner Occupied HU | 680 (54.0%) |
| Renter Occupied HU | 151 (12.0%) |
| Vacant Housing Units | 429 (34.0%) |
| Median Home Value | $577,381 |
| Average Home Value | $609,585 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
68
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Listed by: Tara Reeder • Amherst Madison
Mls Name: IMLS
Mls Provider:
Mls ID: #98929152
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.