312 E 2nd StEmmettID83617
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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
Rental property for sale in Emmett at 312 E 2nd St, Emmett, ID, 83617 generates $1,835/mo in rent, after a $1,576/mo payment. Total monthly income is $1,835/mo. Return on cash invested sits at 19.71% in year one, and rental yield is 6.84% on a $321,900 entry. Equity gained on principal adds $2,077/yr, while 5% annual appreciation builds toward $88,935 over five years. Five-year ROI reaches 101.23% and total cumulative return in cash sums $108,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,835/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83617, Emmett, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,637 (100%) |
| Owner Occupied HU | 5,804 (76.0%) |
| Renter Occupied HU | 1,561 (20.4%) |
| Vacant Housing Units | 272 ( 3.6%) |
| Median Home Value | $431,133 |
| Average Home Value | $481,036 |
Housing Distribution
Address Breakdown
Residential
7,249
Single Family
7,149
Multi-Family
100
Businesses
545
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Listed by: Jonathan Stosich • Kelly Right Real Estate-Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98917549
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.