3146 N Cherry Laurel WayStarID83669
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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 Star at 3146 N Cherry Laurel Way, Star, ID, 83669 priced at $679,000 converts $2,946/mo rent into after a $3,323/mo obligation. Total monthly income equals $2,946/mo. Return on cash invested prints 14.69% in year one, and rental yield reads 5.21% against a $679,000 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation compiles into $187,595 by year five. Five-year ROI reaches 74.33% and total cumulative return in cash sums $166,055. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,946/mo property income covering a $3,323/mo payment, not borrower’s personal income.
Single Family
Built in 2013
8,276 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83669, Star, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,991 (100%) |
| Owner Occupied HU | 6,921 (86.6%) |
| Renter Occupied HU | 826 (10.3%) |
| Vacant Housing Units | 244 ( 3.1%) |
| Median Home Value | $687,248 |
| Average Home Value | $735,125 |
Housing Distribution
Address Breakdown
Residential
6,815
Single Family
6,814
Multi-Family
1
Businesses
339
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Listed by: Joshua Austin • Hunter of Homes, LLC
Mls Name: IMLS
Mls Provider:
Mls ID: #98922055
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.